2020 was an eventful year when it came to IRA required minimum distributions (RMDs), especially for those who took their RMDs before the March 2020 suspension was enacted. Then came rollover relief.
The Internal Revenue Service has revived Form 1099-NEC to eliminate confusion about complying with new filing deadlines aimed at combatting fraud. The Internal Revenue Service (IRS) released its final ...
As you read this in early February, your clients are receiving their annual 1099-R forms that report distributions taken in 2020 from their IRAs and other retirement accounts. Once they look the forms ...
The new 1099-NEC form from the IRS will cause substantial changes to filing requirements for businesses paying independent contractors. Tax1099.com has prepared in advance to support businesses of all ...
Kelly Phillips Erb is a Forbes senior writer who covers tax. The Internal Revenue Service (IRS) will begin accepting paper and electronic tax returns on January 27, 2020. That means that tax forms ...
You have to report PayPal income to the IRS. Learn how PayPal tracks your income and how to fill out a PayPal 1099.
The following information is from the Louisiana Workforce Commission: BATON ROUGE, La. - The Louisiana Workforce Commission (LWC) has begun the process of mailing 698,000 1099-G forms to individuals ...
BRIAN ROCHE TELLS US WHY IT’S IMPORTANT. BRIAN: THE TAX FORM IS CALLED THE 1099-G. AND IF YOU RECEIVED ONE AND YOU DID NOT FILE FOR OR RECEIVE UNEMPLOYMENT BENEFITS IN 2020, YOU’VE GOT A PROBLEM. YOU ...
Whether you're a business owner who relies on independent contractors or you make your living as a freelancer, understanding the difference between Form 1099-MISC and 1099-NEC is critical to ensuring ...
WEST PALM BEACH, Fla. — New problems seem to be surfacing for some people trying to access their 2020 tax forms off Florida's unemployment website. Ashley Rodriguez tried to download her 1099-G ...
CHICAGO (WLS) -- The Illinois Department of Employment Security said it has caught or stopped nearly 1 million fraud cases since March 2020. Now they're warning that if you receive a 1099-G form but ...