With the passage of the U.S. infrastructure bill in November, “crypto brokers” (i.e., cryptocurrency exchanges and other third parties that facilitate the transfer of digital assets) will be required ...

Tax season is well underway, and that means you should have received one or more income statements from employers or any other entities that paid you income in 2024. IRS rules state that all tax ...

If you have a tax paper from someone other than your employer, you may have received a 1099. But what does the form mean, and why did you receive yours? IRS Form 1099 is informational. This means that ...

1099-B Form 1099-B documents income from the sale of securities at a brokerage or barter exchange. If you sold stock last ...

Investors should receive their 1099-B and 1099-S forms from their financial institutions by Feb. 15 this year. The deadline for investment firms to provide 1099 forms to clients for many years was Jan ...

Whether you're a business owner who relies on independent contractors or you make your living as a freelancer, understanding the difference between Form 1099-MISC and 1099-NEC is critical to ensuring ...