Who's this for?Instant Tax Solutionshas over a dozen years of experience working on tax relief for 1099 workers, including contractors, gig workers and real estate agents. Standout benefits:Instant Tax Solutions can help with business and payroll tax relief, offers in compromise, installment agree...
A 1099 contractor is a freelancer who completes work for your company on an as-needed basis. They aren't full-time employees, so they don't qualify for a salary or benefits. Instead, you pay them based on the agreement you outlined with that individual. 1099 contractors are usually hired ...
Learn about the IRS 1099 Form: See what it's for, who gets it, how to fix mistakes, the different kinds, and why e-filing makes it easier.
When you're a driver for a ridesharing company such as Uber, Lyft, or other car sharing service, the most important thing to understand about your taxes is that you are probably not an employee of a ridesharing company. Drivers for these companies are ...
If you host an Airbnb, drive for Uber, or receive 1099 income, contact the premiere Shared Economy Tax firm for the best Independent Contractor returns!
Tax Considerations for Freelance Workers Income Tax Payments Employees paid on a W2 basis have their income tax, social security tax and FICA tax withheld from their paychecks. However, 1099 contractors don’t have anything withheld from their payments. If you receive a check for $500, you rece...
Another benefit to business owners is that the sums you pay to contractors are a tax deductible expense. Remember that if you engage contractors, you’re required to provide them with form1099-MISC. This IRS form provides details of the payments made by your business to the contractor. Additio...
31 Jan 2025: Dallas startups should send 1099s to contractors. Send W2s to employees and e-file 1099-MISC for non-employee compensation with the IRS. Or file Form 8809 for a 30-day extension to file W2s and 1099-MISC for non-employee compensation. 28 Feb 2025: For Dallas startups...
I have been using Tax1099.com for years. I recommended them to all small business owners needing to submit forms. It is easy to follow, great instructions along the way. Very affordable. I no longer have to purchase expensive kits for only using one or two forms for contractors. Date ...
What Is a 1099? A 1099 is an IRS tax form that’s used to report any income earned through sources other than employment, so independent contractors, freelancers and self-employed workers use the 1099 form. For more details on the 1099 tax form and guidance on filing it, refer to our ...