Ryan Casarez
This guide walks you through the essentials of 1099 form reporting, what to file, when to file it, and how to accurately complete each section, so you can meet IRS requirements for the 2025 tax year (returns generally filed in 2026). What is a 1099 Form? A 1099 form is an information return used to … Read more
If you paid independent contractors or other nonemployees, you likely filed Form 1099-NEC. Mistakes happen: names get misspelled, TINs are mistyped, or amounts land in the wrong box. This guide explains when a 1099-NEC correction is required, how to fix the error (electronically or on paper), and how to avoid penalties. What is Form 1099-NEC … Read more
Not sure when to issue Form 1099-MISC? This guide explains what the form covers, who must file, key thresholds, deadlines, and practical steps to stay compliant, without the jargon. What is Form 1099-MISC? Form 1099-MISC is an information return businesses use to report certain types of payments made in the course of trade or business. … Read more
Form 1042-S reports certain U.S.-source payments made to non-U.S. persons, including individuals and entities. If you make cross-border payments like dividends, interest, royalties, scholarships, or U.S.-sourced service fees to foreign payees, you may be a “withholding agent” and have to report those payments and any tax withheld to the IRS and to the recipient. This … Read more
Gambling operators, state lotteries, racetracks, and other payers are required to report certain gambling winnings to the IRS and to the winner using Form W-2G. This guide explains when reporting is required, how withholding works, what information you need, and the steps to file accurately for the 2024 tax year (filed in 2025). What is … Read more
Filing 1099s is a routine part of doing business, but recent rule changes and new online options can make the process feel unfamiliar. This guide explains what 1099s are, who must issue them, how to file 1099 electronically, and how to avoid common mistakes, without assuming prior expertise. Why File 1099 Forms Electronically? What is … Read more
If you pay employees, Form W-2 is one of the most important year‑end tasks on your calendar. This guide explains what’s due, when it’s due, and how to file accurately and on time. It’s written for everyday payroll payers and small business owners who want a straightforward path to compliance without jargon. At a glance … Read more
If you pay people for work, you’ll eventually face a simple but important choice: do you treat them as employees or independent contractors? That decision drives how you pay, what you report to the government, and which forms you file (W-2 vs 1099). This guide explains the differences, offers practical examples, and helps you make … Read more
If your business pays freelancers, gig workers, or other nonemployees, you’re likely responsible for issuing 1099 forms each January. This guide explains what to file, when to file, and how to avoid common mistakes for the 2026 filing season (covering payments made in 2025). Who Needs to File and Why It Matters Businesses, nonprofits, trusts, … Read more
Information returns like the 1099 form help the IRS match income recipients report with what payers report. If you pay independent contractors, landlords, attorneys, or others in the course of your trade or business, this guide explains who needs to file, which forms apply, deadlines, exceptions, and practical steps to stay compliant in 2026. What … Read more