The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...

New tax rules introduce "Trump Accounts," raise 1099 thresholds, expand Opportunity Zones, and add new taxes on remittances ...

This guide details exactly what you need to file with the IRS when working with freelancers and other non-employee providers, explains why it’s important, and offers tips to help you avoid costly ...

Knowing the difference between a 1099 vs W2 employee classification is key for filing taxes. Employees receive a W-2 and independent contractors receive a 1099.

Then in 2020, the IRS introduced Form 1099-NEC (non-employee compensation). You’ll issue Form 1099-NEC if you paid any non-employee $600 or more to perform services for your business.

This year, some gig workers, freelancers and small business owners received an unfamiliar IRS tax form: a 1099-K. If you're one of them, how you report this form on your tax return could ...

If you receive a 1099-K this year, make sure you don't accidentally double-report your income. This year, some gig workers, freelancers and small business owners received an unfamiliar IRS tax ...

TaxBandits is a SOC 2 Certified, IRS-authorized e-file provider for 1099 Form, Form W2, Form 940, Form 941, 1095-B, 1095-C, and W-9. We serve businesses, service providers, and tax professionals ...

While January 31st was a key deadline for filing Forms 1099-NEC, W-2, and other 1099 tax forms, many businesses need to prepare for another essential tax deadline-February 18, 2025. This date ...

However, some platforms may issue the form for transactions exceeding $600, which will be the official threshold starting in 2026. Form 1099-LS: Life insurance ...

It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income received outside of a permanent salaried job.