Businesses are busy as the Form 1099 deadline is approaching. Are you looking for a better place that follows simple ways for filing Form 1099? Do you take several days filing Form 1099? Then, you are at the right destination. Tax2efile stands to be a perfect destination for easy filling of form 1099. The design of the user-friendly software is an advantage for easy tax filing. The software also relieves people of confusion and stress in filing...

Is your company planning to compensate non-employees in 2020? Take a look at the IRS tax forms latest updates. The IRS has declared Forms for 1099-NEC and 1099-MISC. The year-end reporting of 1099 for the year 2020 for non-employee compensation will not be on the 1099-MISC Form in box 7. As an alternative, the Form 1099-NEC filing is crucial. The IRS issued such updates exclusively for Non-employee compensation for a better-streamlined process and to alleviate confusion. Instructions...

The Internal revenue system has released its instruction to fill the form 1099- MISC for the year 2021 that pertains to non-employee compensation. A business owner should file Form 1099-NEC against the compensation (at least $600) that is been paid to contract laborers who are not the direct employees of a business. Other payments greater than $600 that is paid in the course of the business such as rent and ‘other income payment’ should be reported under...

Are you a college student? Are you muddled if you have to file a tax return? For a few college students, tax filing is mandatory, while for others non-compulsory. Filing a tax by college students depends on factors such as dependency status, income, and other factors. Here are few details for college students to know if they need to file a tax return or no.    Determining filing status    Dependent and independent are the two main...