1099-MISC vs 1099-NEC
  • September 6, 2026
If your business paid independent contractors, consultants, landlords, attorneys, or other vendors during 2026, choosing between Form 1099-MISC and Form 1099-NEC is…
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1099-NEC Due Date and 1099-MISC Due Date
  • August 31, 2026
If you paid independent contractors or made other payments that require information reporting, one of the first things to check is the…
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distribution code j 1099-r
  • August 21, 2026
Distribution code J 1099-R generally means that your financial institution reported an early distribution from a Roth IRA or Roth SIMPLE IRA and…
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Do LLC Partnerships Get 1099?
  • August 18, 2026
Yes. An LLC taxed as a partnership can receive Form 1099-NEC when it is paid at least $2,000 for qualifying services. The…
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Form 1099-Q Explained
  • December 12, 2025
Have you received money from qualified education programs, such as 529 plans and Coverdell education savings accounts (Coverdell ESA)?  Then you must…
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Decoding Form 1099-MISC: Your Ultimate Step-by-Step Guide
  • December 3, 2025
Understanding IRS tax forms is essential for businesses that handle a wide range of transactions each month. Many businesses struggle to determine…
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