Businesses must meet the February 18, 2025 deadline to furnish recipient copies of Forms 1099-B, 1099-S, and 1099-MISC (Boxes 8 and 10) ROCK ...
Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...
Form 1099-MISC is the Swiss Army knife of 1099 forms. Anyone who owns a business, rents out apartments, runs a farm, operates a fishing boat, or otherwise receives payments from the normal course ...
Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...
On January 16, 2025, the Internal Revenue Service (“IRS”) issued Revenue Ruling 2025-4 (the “Rev. Rul.”). The Rev. Rul. provides guidance on ...
Credit cards can offer valuable sign-up bonuses, rewards for spending, and rewards for refering new customers. At least one ...
April 15 tax filing date looming two months away, tax experts say it’s time to collect your tax documents and prepare your ...
Prior to 2020, Form 1099-MISC was used to report independent contractor payments, but this IRS form is no longer used for these purposes. Schedule C (Form 1099): You’ll use Schedule C to report ...
By submitting an entry to the Highland Heritage Ticket Treasure sweepstakes (“Sweepstakes”), brought to you by WJXT (“Sponsor ...
For the 37th consecutive year, Franciscan University of Steubenville accounting students are stepping up to provide a valuable service to the Ohio Valley community by offering free tax preparation and ...
When sorting through your mail this tax season and set aside your important documents, you may receive a new form to your tax profile called a 1099-K. This is an income record which accounts for the ...
Clint and Lebra Johnson were stunned when they received a 1099-K tax form in the mail that showed Clint collected $9,306.57 through 427 transactions, all in November. The ...