Form 1099-NEC is used for reporting compensation paid to nonemployees. Here's what you need to know. Many, or all, of the products featured on this page are from our advertising partners who ...

CORPUS CHRISTI, TX / ACCESSWIRE / October 18, 2023 / The Internal Revenue Service (IRS) recently introduced the Information Returns Intake System (IRIS) Taxpayer Portal, marking a significant step ...

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 ...

A new online portal where businesses can file Form 1099 series information returns for free is now open, the IRS said Wednesday. The Information Returns Intake System (IRIS) is available to businesses ...

The MarketWatch News Department was not involved in the creation of this content. Real Business Solutions updated W2 Mate to support IRS IRIS for 2025, enabling automatic, IRIS-ready CSV e-filing for ...

The Internal Revenue Service has been working to resolve a problem that was preventing businesses and tax professionals from using a new online portal to file their 1099 forms for free. Processing ...

Korrena Bailie has over a decade of experience reporting and editing personal finance stories and reviews. Her work has been featured in Wirecutter, The New York Times, Bankrate and Credit Karma. Send ...

The Internal Revenue Service is trying to trim back its paperwork by introducing a new online process for how small businesses can create 1099 forms from scratch and file those forms to the IRS ...

If your business pays nonemployee compensation and other reportable payments, you must be aware of two forms: Form 1099-MISC and Form 1099-NEC. Many employers are likely familiar with Form 1099-MISC.