The new tax reform 2019 by Trump has had a tremendous impact on the taxes that one has to pay each year. Especially for freelancers or independent contractors. Major changes that have affected these 1099…

Legislation pertaining to information returns and part of this legislation advances the tax filing due date for the Form 1099 MISC is recently amended by Delaware. The Form 1099 MISC is to report the non-employee…

Form 1099 MISC and Form 1099 K reporting is looking to change the thresholds in 2019 tax year. Form 1099 MISC, is used to file miscellaneous income, at present the general threshold of $ 600…

In this article, you will get an insight about the key requirements for both the Forms 1099 MISC and 1099 K, what payments to report and Where to report them? This article will help you…

A recent update from the Internal Revenue Service (IRS) states that IRS has received about 135.6 million returns for the current year following the late surge of tax filings during the end of April. It…

Last month the Internal Revenue Service (IRS) declared that there is no change in the interest rates and it is the same for the calendar quarter, which starts from July 1, 2018.  IRS Interest Rates…