Knowing when to issue which kind of 1099 form to someone you paid money to can be a mystery to small business owners, but ...
Any time you make money, whether it's income from an investment or payment for doing a freelance gig, you're required to report it to the IRS and pay your share of taxes on what you earned. Generally, ...
Employers who pay independent contractors for work that is not paid through their payrolls do not take out deductions. The contractors file their own taxes and make the payments. As a result, ...
A classically trained French hornist by education, Nick Wolny is a managing editor at CNET Group, where he oversees the Perspectives franchise and written branded content across CNET Group's ...
If you use independent contractors for your business, you must complete an IRS 1099 form for each one that states the amount of money you paid for services rendered during the tax year. QuickBooks can ...
If you earn money from selling products or services through a third-party provider, like PayPal, you must report that money to the IRS. Learn how to fill out a PayPal 1099. While there are multiple ...