2020 was an eventful year when it came to IRA required minimum distributions (RMDs), especially for those who took their RMDs before the March 2020 suspension was enacted. Then came rollover relief.
The following information is from the Louisiana Workforce Commission: BATON ROUGE, La. - The Louisiana Workforce Commission (LWC) has begun the process of mailing 698,000 1099-G forms to individuals ...
Getting your Trinity Audio player ready... With unemployment insurance fraud running rampant, thousands of Coloradans are receiving federal tax forms showing they received unemployment compensation ...
Generally, 1099 forms are issued to anyone who provides your business with professional services, including independent contractors and commission-earning non-employees. — Getty Images/Kemal Yildirim ...
As you read this in early February, your clients are receiving their annual 1099-R forms that report distributions taken in 2020 from their IRAs and other retirement accounts. Once they look the forms ...
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 ...
WEST PALM BEACH, Fla. — New problems seem to be surfacing for some people trying to access their 2020 tax forms off Florida's unemployment website. Ashley Rodriguez tried to download her 1099-G ...
CHICAGO (WLS) -- The Illinois Department of Employment Security said it has caught or stopped nearly 1 million fraud cases since March 2020. Now they're warning that if you receive a 1099-G form but ...
For more than 100 years, the evolution of Form 1099 has required organizations to repeatedly adjust their tax reporting and compliance strategies in order to allow the Internal Revenue Service to ...
As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information returns” to someone. It is true that over time, these forms have continued to ...