Form 1099 reports freelance payments, income from investments, retirement accounts, Social Security benefits and government payments, withdrawals from 529 college savings plans and health savings ...

Sovos, the always-on compliance company, today announced the launch of 1099 Professional, a new solution designed to simplify tax information reporting for small and medium sizes businesses (SMBs).

Bank account bonuses are a nice perk, but do you have to pay taxes on them? We examined a recent Reddit thread about how ...

Taxable interest is taxed just like ordinary income. Payors must file Form 1099-INT and send a copy to the recipient by January 31 each year. Interest income must be documented on Schedule B of ...

Amy Fontinelle has more than 15 years of experience covering personal finance, corporate finance and investing. Lea Uradu, J.D. is a Maryland State Registered Tax Preparer, State Certified Notary ...

You'll receive tax form 1099-K if you earned more than $5,000 in untaxed income in 2024 and were paid via a third-party payment app. This rule has been delayed two years in a row, and 2024 serves ...

The deadline for needing a Real ID is fast approaching, but what should Illinois residents know about the upcoming change?

Plus, Thomson Reuters integrates AI CoCounsel with tax solutions; Sovos introduces 1099 Professional solution; and other ...

Whether you plan to buy or lease a car, your dealership will be interested in whether your financial situation is idea ...

Fortunately, there are plenty of tax-advantaged options available for 1099 workers. As an independent contractor, a team of advisors can make a big difference to your bottom line in retirement.

Set up or change direct deposit Social Security 1099 (SSA-1099) form Print a benefit verification letter Change your address Moreover, opening and verifying my Social Security account could help ...