Do I need to file a 1099 for a caregiver?

The 1099 form is complicated, and some people may be wondering if they should file a 1099 form a caregiver. Increasingly, families and individuals are relying on independent caregivers, especially amid the novel coronavirus pandemic. If your family recently switched over from a nursing home provider to an independent worker, you may be wondering if […]

How to Fill Out 1099 MISC with AMS

If you’re a new employer, you may not know how to fill out 1099 misc. Those just starting a business may be relying on 1099 work rather than w-2 employees. As a result, it is essential to know how to fill out 1099 misc early in your small business’s life. This is one of the […]

Where to Get a Printable 1099 Form 2020

There are a number of rules to follow when tax filing season commences. Some of the rules and guidelines can feel especially overwhelming if your business is small or is getting off the ground. However, in order to avoid any unnecessary penalties, it is important to know the places where you can print the Form […]

Switching from a Blank 1099 Form 2020 to Digital Software

The coronavirus pandemic has changed the ways many offices operate. When it comes to filing your business or trade’s 2020 tax returns, re-evaluating previous standard proceedings should be a priority. Now, as more 1099 forms are being filed by both large and small businesses this year, it is a good time to make a transition. […]

Tips for New Employers and Businesses with Payroll

If you’re just starting a business, payroll might not be at the top of your to-do list. As a new business owner, you likely have dozens of other tasks to complete – securing your business license, getting a taxpayer number for your new entity, and securing any leases you might need to open up. However, […]

Do I need to issue a 1099 gift form?

Form 1099-MISC has wide and varied uses. From specified income payments to crop insurance proceeds, this form is a catch-all for most forms of non-employment compensation. The IRS has announced that the 1099-NEC is going to be available in the very near future. This means contracted income will have its own form, which will help […]

Does Form 1096 2018 Still Matter?

This is a rare situation in which an old form does not matter. Form 1096 2018 does not need to be used anymore. Even if an individual or business is submitting other 2018 forms, they can use the most updated iteration of form 1096. Known as the Annual Summary and Transmittal of U.S. Information Returns, […]

Received a 1099 G form 2018? Here’s What to Do.

The 1099 G form is distributed exclusively by state, federal, and local governments. For this reason, few personal or private accountants will need to worry about preparing it. However, many tax and wage professionals manage finances for businesses, organizations, and individuals who may be the recipient of a 1099 G. What’s more, this is an […]

My Client Never Received a 1099 R 2018. What Should I Do?

The 1099 R 2018 is similar to the 1099 R forms distributed today. The document is given to each person to whom an organization has made a distribution of $10 or more, most often from retirement plans. Typically, these forms are distributed by banks and organizations who hold retirement funds and make disability payments. Unless […]

How to Handle a Paypal 1099 K 2018

If you or a client did not receive a Paypal 1099 K 2018, it is important to contact the company to receive a copy. Known as the Payment Card and Third-Party Network transactions form, the 1099 K is used often by Paypal, as well as credit card companies and other third-party processers, like Amazon. Only […]