Top 5 Mistakes To Avoid When You E-File Form1099 NEC Online For TY 2022


1099 NEC FORM ONLINE

For the tax year 2022, the IRS will continue to use the relatively new Form 1099-NEC to enforce its filing requirements. Traditionally, businesses have used Form 1099-MISC – Box 7 to report nonemployee compensation. Now, you may need to use both 1099 forms and follow their unique specifications. If you are involved in a business, […]

Forms 1099 eFile Checklist for the Tax Year 2022


Form 1099 & W-9 online

Even though most businesses would prefer a static landscape, as far as the tax compliance rules are concerned, that predictability would make planning so much easier. IRS tax rules, however, are dynamic and complex. The reward for getting it right is significant. Ok, so it’s complex. How then can filers and tax professionals address this […]

eFile Form 1099-MISC & Form 1099-NEC Online For TY 2022


1099 NEC Form Online

Before 2020, if your business hired contracted workers or freelancers then you issued 1099-MISC Forms Online. Now Form 1099-NEC Filing can be done for reporting independent contractor income, what is officially known as “non-employee compensation.” If you appoint contractors or contract with non-profits, this blog is for you! The 1099-NEC was reintroduced to address confusion […]