Despite the government shutdown, taxpayers are gearing up for tax season. The Internal Revenue Service (IRS) will begin accepting paper and electronic tax returns on January 28, 2019. That means that ...

If you receive a Form 1099 you think is wrong, you can ask the payer to correct it. They can destroy the incorrect one if they have not already sent it to the IRS. If it's too late, they can issue a ...

What Is Form 1099-MISC: Miscellaneous Information? Form 1099-MISC, an essential tool provided by the IRS, is used to report various types of miscellaneous compensation, including rent, prizes, ...

Here's the tax form you'll need to report your income on your tax return. Tax season has started, and already, you should have gotten a lot of the forms you need in order to prepare your return. In ...

There is a special rule for cash-basis taxpayers regarding payments that are counted as expense in the tax year paid, but the recipient has income in the following year of actual receipt. For example, ...

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