Freelancers and independent contractors have to fill out Form W-9 for their employers and clients. Here's what to do and how ...

But the newest form is Form 1099-NEC, and it covers the waterfront for any independent contractor. The explosion of gig workers means they now have their own 1099 form. Up until 2020, if you were ...

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 ...

This form includes a certification to be made by ... the meal reimbursements must be included in the 1099-reportable fee, per IRS regulations. Independent contractors cannot be reimbursed for ...

Misclassifying W-2 employees as 1099 contractors has severe penalties. Learn the biggest difference between the two types of ...

Here’s what I’ve learned: I don’t have to withhold taxes for independent contractors like I do for employees. I must report ...

"The 1099 form just tells the IRS that the income ... a wide range of different types of income. These include independent contractor income, rents, royalties, gambling winnings, interest from ...

When you pay an independent contractor and issue a Form 1099, you can’t enter a number of bitcoin on the form. You must put the value in U.S. dollars as of the time of payment. The contractor ...

Fortunately, there are plenty of tax-advantaged options available for 1099 workers. As an independent contractor, a team of advisors can make a big difference to your bottom line in retirement.

Independent ... Payable under a 1099 and not through Payroll under a W2. if the determinations indicates the service provider is an Independent Consultant the department can continue down following ...

University employees cannot be considered independent contractors and may not receive both a W-2 and 1099 in the same calendar year ... In such cases, the individual will be asked to sign a consent ...