Alan

It’s 1099 season and the January 31st deadline this 2023 draws close! In a previous article we went over the 3 easy keys to navigate the 1099 season. In particular we talked about who to send the 1099-NEC (nonemployee compensation) and in which situation. Check it out here. In this post we’ll talk about form W-9, who must …

Overcoming Obstacles During 1099 Season -Dealing with Obstinate Vendors Read More »

If you are a small business and are unsure about who you are required to send 1099’s and 1099-NEC to this January 31st deadline, read on. Since 2020, form 1099-NEC (non-employee compensation) replaces prior years’ Box 7 of 1099-MISC. You could previously report non-employee compensation along with other miscellaneous income using that form, but no …

3 Easy Keys to Understand the 1099-NEC Requirements in 2023 Read More »