It might be tempting to underreport your income or tilt the value of tax deductions in your favor. But the IRS has its ...

The IRS Form 941 deadline is quickly approaching on July 31st , and now is the time to ensure your payroll taxes are filed ...

Clear Start Tax breaks down how income from platforms like TikTok, YouTube, and Instagram can trigger audits if not reported ...

The massive new tax law brings several tax-law changes for self-employed, freelance and gig workers, including some that ...

The IRS will have much less of a view into how much income small businesses and independent contractors make because there ...

President Donald Trump’s “big beautiful bill” includes a section for “no tax on tips.” Now that the provision is enacted, ...

1099 REPORTING THRESHOLD INCREASED TO $2,000 The threshold for issuing IRS Form 1099-NEC or 1099-MISC has been raised from $600 to $2,000.

A new guide from business services provider ATBS offers details about how Trump's "One Big Beautiful Bill Act" will impact ...

I used to find it annoying when a client would forward me an article about a tax deduction or credit ... is that you do have to issue them a 1099-NEC if you pay $600 or more over the course of the ...

With the passage of the One Big Beautiful Bill Act, or OBBBA, many of the temporary tax laws set to expire at the end of 2025 have been made permanent.

Form 1099-MISC (for payments not covered by other 1099 forms), and Form 1099-NEC (for nonemployee compensation) have been ...

When an employer (or the proper withholding agent, like a plan administrator) issues a retirement benefit, there is generally an obligation ...