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 ...

A 1099 is a tax document reporting nonemployment income to the IRS. There are several types of 1099 forms, depending on the income you receive — but all are designed to report payments you received to ...

Making a certain amount of cash from pursuing a passion or by having your own side gig means you owe taxes, according to the Internal Revenue Service, but you won’t receive a W-2 form as you would ...

Along with the returns for your own business taxes every year, you probably have to make out what the IRS calls information returns. These are the 1099 forms used to report payments to independent ...

Business owners, including corporations, are required by the Internal Revenue Service to report compensation paid to employees and contractors. The Internal Revenue Service (IRS) also requires you to ...

As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information returns” to someone. It is true that over time, these forms have continued to ...