Form 1099 Revised Again
In January 2022, these 1099 forms were revised, again. Recipients use Form 1099-NEC and Form 1099-MISC to file their federal and any applicable state tax returns. Form 1099-NEC doesn’t entirely …
Important Updates
2022 October 1: IRS raises per diem standard rates for business travel. Learn more. September 29: Social Security Recipients Will Receive Large Increase in 2023. Learn more. IRA Expands Valuable R & …
IRS Funding Boost – What it means for you.
One provision in the Inflation Reduction Act aimed at improving IRS customer service has been met with criticism. The legislation allocates $79.6 billion to the agency over the next ten …