It’s tax reporting time again, and businesses must be aware of their obligations regarding Form 1099-NEC (Non-Employee Compensation). The IRS requires companies to file this form by January 31, 2025,…[...]
When it comes to tax compliance, businesses often wish for a predictable, static set of rules to make planning easier. However, IRS regulations are dynamic and complex, requiring businesses to…[...]
Why are so many tax professionals and individual filers choosing TaxSeer to e-file Form 1099-NEC online for the 2024 tax year? Our users consistently highlight the key advantages that make…[...]
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,…[...]
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…[...]
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…[...]
Ongoing changes in the IRS tax reporting requirements are affecting the way companies do compliance reporting, and it’s going to keep changing. Are you ready to outpace changes in IRS…[...]
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…[...]
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…[...]
