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 ...
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 ...
Each January, your mailbox and email are likely filled with tax forms. You’ll receive a W-2 reporting your wages if you work for an employer. But if you do any self-employed or freelance work, you may ...
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 ...
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 ...
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 ...
One Big Beautiful Bill Act And Form 1099 Under OBBBA, there are changes to the reporting thresholds for Form 1099-K (for payment card and third-party network transactions), Form 1099-MISC (for ...
Lake Charles, LA (KPLC) - In a press release Thursday, the Louisiana Workforce Commission announced it has begun the process of mailing 350,000 1099-G forms to individuals who were paid unemployment ...
Korrena Bailie has over a decade of experience reporting and editing personal finance stories and reviews. Her work has been featured in Wirecutter, The New York Times, Bankrate and Credit Karma.