If you pay independent contractors $600 or more annually, you must report those payments to the IRS on Form 1099-NEC. The process is fairly simple if you only need to send one or two, but it gets more ...

The IRS will begin processing 2024 tax returns on Jan. 27. The last day you can file your 2024 taxes without requesting an extension is Tuesday, April 15, 2025. Gig workers who earned more than $5,000 ...

The 2025 tax season will have its quirks, gimmicks and gotchas. But right now anyway, many experts say most people should expect to see a timely tax refund. Fingers crossed. Taxpayers will still need ...

Now that the holidays are over, some Hoosiers might be looking forward to tax refunds from the IRS to give their bank accounts a much needed lift. President Donald Trump's One Big Beautiful Bill Act ...

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 ...

Filing taxes can feel overwhelming. But with the right guidance, it’s easier to understand deductions, credits and what you owe at the federal and state level. Whether you’re filing electronically or ...

When you do contract work for an employer, they're supposed to send you a 1099 form summarizing your wages. That's information you may need to file your taxes. The deadline for employers to send out ...