Posts Tagged ‘1099 help’
What is a 1099-K and will your business receive one this year? Important changes to know NOW
Tax time is coming, and one of the most confusing things entrepreneurs deal with during tax season is form 1099. But, believe it or not, there is more than one kind of 1099. AND, as of the end of 2024 there has been a major change with one particular kind: form 1099-K. But what is…
Read MoreDo Non-US Residents Need to Receive 1099s? How to File 1099s For Non-US Resident Contractors (And Why It’s a Must)
Updated in 2024. Form 1099 confuses a LOT of business owners. Who gets them, who doesn’t, who has to file them, and what happens if you don’t. Basically, independent contractors receive 1099s. This means people who earn non-payroll wages on services rendered (non-employees). Where it gets even more confusing is knowing how to file 1099s…
Read MorePractical Strategies To Reduce Tax Liability (That You Can Implement NOW)
Updated in 2022 Is it too soon to start talking about next year’s taxes? I know, You’re probably busy enough getting through THIS tax season right now, never mind what your tax bill might look like this time next year. Why should you think about how to reduce your tax liability for next year? But the…
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