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2. Heads up if you’re a freelancer or small business owner: The ...

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   Last month, the IRS issued official notice that for calendar year 2024 the dollar-limit threshold would drop to $5,000 and further announced the 2025 threshold would be $2,500. Only in 2026 is the ...

3. How to Issue Form 1099 - AOL

   www.aol.com/issue-form-1099-040000623.html

   The IRS currently has 21 different versions of Form 1099, but the two primary types you need to know are the 1099-MISC and the 1099-NEC. You need to fill out Form 1099-MISC if you paid more than ...

4. Do you know a W-9 from a 1099? Here are the forms you ... - AOL

   www.aol.com/know-w-9-1099-forms-100317074.html

   Common 1099s you might see: 1099-G, 1099-K, 1099-R, 1099-Div Some of the most common 1099s you may receive: 1099-G : Details unemployment compensation, as well as any state or local tax refund ...

5. Mark your calendars! 2025 tax season opens Jan. 27, but you ...

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   The Internal Revenue Service has announced that IRS Free File will begin accepting individual tax returns as of Jan. 10, 2025, for the 2024 tax season.

6. Tax deadline 2024: When is the last day you can file ... - AOL

   www.aol.com/tax-deadline-2024-last-day-100520941...

   If you're a freelancer, an independent contractor, or earn income from sources outside of a traditional job, you should receive a 1099 tax form by Feb. 15. Employers are generally required to send ...

7. IRS 1099 Tax Form Explained: Here’s Everything You ... - AOL

   www.aol.com/irs-1099-tax-form-explained...

   Form 1099-NEC replaces 1099-MISC as the form used to report independent contractor income. If you paid an independent contract $600 or more, you’ll need to file one.