The Internal Revenue Service expects its citizens to make use of the 1099 Forms to report their income from different sources. These…

Information return filing is a very essential component of the year-end planning. The most common type of information return form is the…

The Internal Revenue Service has announced the deadline for the tax year 2023 as April 14th, 2024 for the tax year. There…

IRS Tax Form 1099- MISC stands for miscellaneous income and is used to report certain types of compensation such as rent, prizes, awards, etc.…

The taxpayers will file IRS Forms 1099 if they have earned Income as a sole proprietor, independent contractor, self-employed person, or as a sole…

Citizens of the United States have to file Schedule C of Form 1040 to report income or loss from the business they…