If you perform services as an independent contractor, then you should receive Form 1099-MISC at the end of the year. This form will tell you who paid you and how much. One copy of the form is sent to ...

Making a certain amount of cash from pursuing a passion or by having your own side gig means you owe taxes, according to the Internal Revenue Service, but you won’t receive a W-2 form as you would ...

Raise your hand if you're anything like me and tax time kind of overwhelms you. Everyone? OK, great. Since we're all in this together, let's talk about one of the questions that defines tax time for ...

This series is brought to you by TurboTax Home & Business Edition – Guides You to Your Biggest Tax Refund. As always, VentureBeat is adamant about maintaining editorial objectivity. TurboTax had no ...

GREENSBORO, N.C. — 2020 had a lot of ups and downs. If you were: furloughed, laid off had lessened hours and you applied for and received unemployment benefits then you're going to need to make sure ...

A friend of a friend admitted to me last week that he hadn’t filed taxes in more than 20 years. He’s self-employed as a cab driver on the East coast, and has created a flourishing underground business ...

IRS Tax Tip 2003-25, (Feb. 5, 2003) -- If you received certain types of income, you may receive a Form 1099 for use with your federal tax return.You should receive these forms from the payer by early ...

One law provision new for tax years beginning in 2022 and after that could catch many individual taxpayers by surprise — particularly those in the “gig economy” — is the much lower threshold at which ...

As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information returns” to someone. It is true that over time, these forms have continued to ...

Large companies can spend over 100 hours filing thousands of 1099 tax forms, a “significantly more complex” undertaking than ...