Nonemployee Compensation

  • 2 Posts
  • 1 Sections
  • 1 Types
August 31, 2024 4 min read Definitions
1099-NEC: Nonemployee Compensation Reporting
Taxes Accounting Government Regulations 1099-NEC Nonemployee Compensation IRS Tax Reporting Self-Employment
An overview of the 1099-NEC form used for reporting nonemployee compensation in the United States, introduced in 2020 to simplify and distinguish it from other income types.
Read more about 1099-NEC: Nonemployee Compensation Reporting.
August 24, 2024 3 min read Definitions
Form 1099-MISC: Understanding Its Purpose and Uses
Finance Taxes Government Regulations Form 1099-MISC IRS Nonemployee Compensation Tax Reporting Miscellaneous Income
An in-depth guide to Form 1099-MISC, detailing its purpose, uses, and various reporting requirements for nonemployee compensation and miscellaneous income.
Read more about Form 1099-MISC: Understanding Its Purpose and Uses.

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