Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. This article is more than 3 years old. Closeup of Form 1099-NEC, ...
This tax year millions of independent workers will receive Form 1099-NEC in the mail or electronically — prompting questions of what it is and how to use it for taxes.
Essential Tax Solutions for 1099 Gig Workers and Online Sellers ...
While there are multiple ways to collect money from clients and customers, one of the best options is PayPal. PayPal makes it possible to accept payments without setting up a merchant account. It’s an ...
Take it from me, a self-employed writer and editor who avoided all that scary tax stuff as long as possible. These days, I've embraced it (as much as one can really embrace taxes) and tried to share ...
Perhaps you love the flexibility of managing multiple sources of gig income. Here’s how to manage the taxes. Millions of people have diversified the way they earn income by joining the gig economy.
Closeup of Form 1099-K, Payment Card and Third Party Network Transactions, an IRS information return used to report certain payment transactions to improve voluntary tax compliance. It’s that time of ...
Don't let tax season catch you off guard. We break down the key differences on a W-2 and 1099 forms that directly impact your ...
Taking on a gig job means taking on new tax responsibilities. You might not think you’re in business, but if you’re reselling ...
Side gig income can be a great way to boost cash flow. But as a gig worker, you may be unaware that the money you make is fully taxable.
If you earn money from selling products or services through a third-party provider, like PayPal, you must report that money to the IRS. Learn how to fill out a PayPal 1099. While there are multiple ...