News

The Social Security Administration will continue to send some paper checks to beneficiaries of the retirement program, ...
The SSA will keep sending paper checks to beneficiaries who can’t access electronic payments, reversing its plan to phase them out.
This Other Form Is of Interest to People Who Live Outside the US For people who live outside the United States and also receive Social Security benefits, there's another form: the SSA-1042S. This ...
Generally, 1099 forms are issued to anyone who provides your business with professional services, including independent contractors and commission-earning non-employees.
Once you receive Form 1099-INT, review it carefully to ensure all information is accurate, including your name, taxpayer identification number (TIN), and the interest amount reported.
What if I Ignore the 1099 Form? You’ll probably hear from the IRS if you don’t report taxable income from a 1099 form.
The regulatory environment for digital assets will have significant implications for state-level reporting requirements. A notable development is Montana's introduction of the Form 1099-DA mandate, ...
Automatic Generation of Form 1096 For clients who e-file Forms 1099-QA and 1098-F through TaxBandits, the platform automatically generates Form 1096, the transmittal form required for paper filings.
A payment app or online marketplace is required to send you a Form 1099-K if the payments you received for goods or services total over $5,000.
If you've transferred $5,000 in Venmo, Cash App or PayPal business transactions, a 1099-K tax form is likely in your future.
What earnings are reported on the common 1099 tax forms and where to include these amounts on your taxes.
If you receive Social Security benefits, you’ll need the SSA-1099 form (or SSA-1042S for noncitizens) for tax filing. These forms are mailed in January, but if lost or missing, replacements can be ...