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Small business owners, independent contractors and gig workers soon will be getting 1099-K tax forms if they used any payment platform on which they had at least $5,000 in business transactions in ...
Using FlexJobs’ list of the 100 top companies with remote jobs, GOBankingRates pinpointed 40 organizations that have offered work-at-home positions. Note that job listings change constantly, and ...
The pandemic—and the necessity to work from home—made employers realize just how many jobs can be successfully performed remotely. Now, many industries offer hybrid roles, if not entirely ...
The distinction between independent contractor and employee is an important one in the United States, as the costs for business owners to maintain employees are significantly higher than the costs associated with hiring independent contractors, due to federal and state requirements for employers to pay FICA (Social Security and Medicare taxes) and unemployment taxes on received income for ...
Form 1099 is also used to report interest (1099-INT), dividends (1099-DIV), sales proceeds (1099-B) and some kinds of miscellaneous income (1099-MISC). Blank 1099 forms and the related instructions can be downloaded from the IRS website. The following table provides information for each variant.
Watson explains that you’ll typically receive a 1099 from any client you earned more than $600 from during the year, and you were paid in cash, check, or ACH bank deposits.
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