If you pay independent contractors $600 or more annually, you must report those payments to the IRS on Form 1099-NEC. The process is fairly simple if you only need to send one or two, but it gets more ...
SAN ANTONIO , Jan. 30, 2025 /PRNewswire/ -- All organizations that hired independent contractors in 2024 must file Forms 1099-NEC, Nonemployee Compensation, by January 31 to avoid costly penalties.
REDMOND, Wash., Dec. 30, 2024 /PRNewswire/ -- Halfpricesoft.com, a leading provider of small business payroll and tax software, announces the release of ezW2 2024, a comprehensive tax preparation ...
Whether you're a business owner who relies on independent contractors or you make your living as a freelancer, understanding the difference between Form 1099-MISC and 1099-NEC is critical to ensuring ...
POMPANO BEACH, Fla.--(BUSINESS WIRE)--At a time when small businesses are dealing with countless challenges due to the COVID-19 pandemic, there is good news on the tax-filing front. efile4Biz.com – ...
For businesses across America, it’s that time again to think about the necessary IRS paperwork. But there have also been some changes, as should be no surprise. One is regarding the 1099-MISC form.
Business owners who utilize the new enterprise version of 2021 ezW2 can efile to federal and state. Employers and HR staff can get details by visiting Halfpricesoft.com. Halfpricesoft.com developers ...