For the 2024 tax year, the IRS requires businesses to use Form 1099-NEC to report nonemployee compensation. Previously, businesses used Box 7 of Form 1099-MISC for this purpose. Both forms may be needed,…[...]
Hiring independent contractors can be a smart move as part of your growth strategy. Independent contractors often represent some of the best talent in today’s economy, offering expertise in areas…[...]
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…[...]
It’s the IRS tax reporting time again and there’s something you should know — the IRS requires your company to file Form 1099-NEC Online (Non-Employee Compensation) to report non-employee compensation by…[...]
As the year's end draws near, many tax payable departments are gearing up to complete their annual Form 1099 filings. For 2021, a new form, Form 1099-NEC Online, will be…[...]
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…[...]
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…[...]
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…[...]
Form 1095-C Online is filed and provided to the employee of an Applicable Large Employers (ALE) member who is a full-time employee for one or more months of the calendar.…[...]
Affordable Care Act(ACA) Form 1095-B includes the type of coverage the individual has, dependents covered, and the period of the coverage. IRS Form 1095-B Online is used to verify on…[...]
