Form 1099 is used to report non-employee compensation paid to independent contractors, freelancers, and service providers. Federal regulations require businesses to issue Form 1099-NEC to qualifying ...
Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...
The way your income is taxed differs based on whether it’s considered earned or unearned . Read on to learn more.
Are union dues tax-deductible? Since the Tax Cuts and Jobs Act of 2017, most union members can't claim deductions for dues.
If you’re self-employed, you’ll want to be sure the tax software you choose can handle the complexities of multiple 1099s, quarterly taxes and key business deductions. We tested and scored major ...
The IRS has delayed the $600 reporting threshold for Venmo and PayPal users. For the 2026 tax season, the reporting limit ...
The federal tax filing deadline for most Americans is April 15, 2026. State tax deadlines may differ, so check your local ...
Side hustlers just got a rare dose of simplicity from Washington. A recent tax change raises the bar for when payment platforms and clients must send 1099 forms, which means fewer surprise tax ...
From self-employment tax on your side hustle to surprise bills when debt gets forgiven, these seven tax obligations catch ...
The Southern Hilltowns Adult Education Center will offer a free class for small business owners on how to prepare the Small ...
SELF-employed workers are bracing for a brutal January tax bill that is due within days – with some facing a shock demand worth 150 per cent of what they owe. Anyone who works for themselves must file ...
Millions of new self-employed workers are being warned they may face a 150pc tax bill in January under self-assessment rules. Workers have until the end of the year to file their tax return and pay ...