Though Internal Revenue Service (IRS) Forms 1099-MISC - or the less common 1099-G - and Form W-2 are both ways to report payment for services rendered, they differ drastically. At the core, the W-2 is ...

If you run a small business and work with independent contractors, the different tax forms you’re responsible for processing with nonemployee hires might feel like alphabet soup. Two of the most ...

You give employees W-2 forms, but independent contractors get 1099s. The 1099 goes out to independent contractors if you pay them $600 or more to do work for your company during the tax year. Some ...

A 1099 form is a document that businesses use to report various types of government payments to both the IRS and payees. This includes payments for services, dividends, interest, rents, royalties, and ...

1099s show up everywhere during tax season, and yet few topics cause more confusion among founders and small business owners. You've probably heard conflicting answers about who gets a 1099, when ...