If you received interest income throughout the year, you'll probably receive a Form 1099-INT detailing those payments. Here's what it means and what to do with it. Many, or all, of the products ...

REDMOND, Wash., Dec. 19, 2024 /PRNewswire/ -- Business owners and tax professionals get a jump on the 2025 tax season when utilizing the newest 2024 version of ez1099 software. Halfpricesoft.com has ...

If you pay independent contractors $600 or more annually, you must report those payments to the IRS on Form 1099-NEC. The process is fairly simple if you only need to send one or two, but it gets more ...

From the 2025 tax year, that will be much harder to get away with. If you sell or exchange digital assets on a centralized ...

Here's what you should know about the form 1099-G, Certain Government Payments: A form 1099-G, Certain Government Payments, is issued to taxpayers who are in receipt of unemployment compensation paid ...

With the arrival of tax season, it's crucial to have all your documents in order, and your Social Security Benefit Statement is no exception. Known as the SSA-1099 or SSA-1042S, this form is mailed to ...

An influential U.S. House committee this week endorsed a tax-relief package that included language by Rep. David Schweikert that would raise the Form 1099 reporting threshold from $600 to $5,000.

Most people are in for a surprise when they receive a 1099-C, never realizing that canceled debt is often treated just like any other dollar of ordinary income. Creditors record canceled debts on a ...