The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you ...
Each Form 1099 is matched to your Social Security number, so the IRS can easily issue a tax bill if you fail to report one.
The IRS sends out tax refunds 21 days after taxpayers file their returns online and six to eight weeks after submitting a ...
As the new year approaches, the IRS is gearing up to help Americans navigate the 2025 tax season with enhanced digital tools ...
The IRS quietly released an Action on Decision on January 2, 2025, which provides significant concessions to taxpayers ...
Tax season has arrived, and TaxBandits is prepared to simplify year-end filings for businesses, accountants, and tax professionals nationwide. As a trusted IRS-authorized e-file provider, TaxBandits ...
The 1099-K form is a requirement for companies like ‘Venmo’ and ‘Etsy.’ It’s a law change that those with online businesses ...
Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're ...