If part of running your business involves receiving or making payments of more than $600 for the use or occupation of property that you own, then you are going to need to report that 1099 rental ...

Knowing when to issue which kind of 1099 form to someone you paid money to can be a mystery to small business owners, but ...

Small-business owners commonly make or receive payments that must be reported to the Internal Revenue Service. Many of these payments are reported using Form 1099-MISC. To fill out this form, though, ...

What is a Form 1099-MISC? A 1099-MISC is a type of tax form. It is used to report miscellaneous income for individuals and companies who have been paid $600 or more in non-employee service payments ...

Whether you're a business owner who relies on independent contractors or you make your living as a freelancer, understanding the difference between Form 1099-MISC and 1099-NEC is critical to ensuring ...

A little confused on how to handle this tax problem. Wife received an award from a national business organization last year. We received a 1099-MISC form with the amount of the award in the ...

Here's what you should know about the form 1099-MISC, Miscellaneous Income: A form 1099, Miscellaneous Income, is a "catch all" form. It's used to report income that can't be neatly categorized ...

Michigan Tech is required to file Form 1099-MISC and Form 1099-NEC for each calendar year, for the following items: Examples of services include all services performed (including parts and service), ...