IRS Form 1099-MISC Box-7 (Non-Employee Compensation – NEC) filing is generally performed by an organization for any payments made to the self-employed professionals and independent contractors who earn their income outside the usual employer-employee association. Some of the NEC related payments are as follows: fees & compensation for services performed as a non-employee for a […]
Taxseer provides a quick and easy form 1099 MISC Online Filing options to the filers through the online forms that mimic the paper forms. The highly sophisticated Taxseer’s editable online forms have changed the way the filers have been traditionally filing the paper forms and reduced the filing time to minutes instead of hours and […]
Your small but growing business just had its best year to date – congratulations! As part of your growth strategy, you may have decided to hire independent contractors to be included in your business solution. Good idea – some of the best talent in our economy exists in the form of independent contractors. From graphic […]
Purpose of Form W-9 Business use IRS Form W-9 (Request for Taxpayer Identification Number and Certification) to get information from vendors who are hired as independent contractors. When a business makes a payment of $600 or more to the contractor during a tax year then it has to be reported to the IRS through Form […]
