Month: September 2020
- September 30, 2020
Recently the IRS released the draft of 1099-NEC, which is considered to be the replacement of Form 1099-MISC Box 7 to report…
- September 27, 2020
Form 1099-MISC reports all the non-employee compensation on every year-end summary. The IRS 1099-MISC Form covers royalties, independent contractor’s income, self-employment, rent,…
- September 23, 2020
If you are a regular employee, you will receive a W2 form that states you need to know. Then you will fill…
- September 18, 2020
Taxpayers who recompense their student loan using ICR, IBR or PAYE repayment plan must be a little more cautious while filing their…
- September 14, 2020
The Internal Revenue Service provides many free tools for small businesses in order to help them understand and comply with the law.…
- September 7, 2020
Yay, its summertime, and schools are off. Students become part-time professionals and engage with summer jobs or part-time gigs. These students are…