
IRS: Form 1099-K Reporting Threshold Change Delayed Again
The IRS recently announced a delay of the new $600 Form 1099-K reporting threshold for third-party settlement organizations (TPSOs) for calendar year 2023. Instead, 2023
The IRS recently announced a delay of the new $600 Form 1099-K reporting threshold for third-party settlement organizations (TPSOs) for calendar year 2023. Instead, 2023
If in reading this blog you are realizing for the first time that the IRS made changes to the reporting requirements for Form 1042 by
With the IRS changing the filing requirements for Form 1042 to be electronic, businesses must ensure that they are working with a provider that is
During our recent “Spooky Season Tax Updates” webinar, we discussed the most important changes that will affect filers in the upcoming tax reporting season. From
Another tax information reporting season is approaching quickly. As businesses begin the process of filing information with the IRS, there are some important updates that
Another tax information reporting season is just around the corner and now is the time to start preparing your teams handling forms such as Series
Organizations that access IRS systems to file information returns, including Form 1099, Affordable Care Act returns and more, need to understand how technological updates could
In today’s complicated world of tax compliance, it can be nearly impossible for teams to keep up with their 1099 and unclaimed property reporting obligations.
All types of businesses are subject to reporting earnings on the 1099 form series. Reporting 1099s can be a complex process, especially when you must
Outsourcing your 1099 reporting can be a big change for your business and there are many aspects to consider before choosing a partner to aid
Direct state reporting obligations have gotten increasingly difficult for some businesses over the past few years. With more states requiring direct reporting of form series
For the third year in a row, the U.S. Department of the Treasury’s annual General Explanations of the Administration’s FY2024 Revenue Proposals (Greenbook) includes a
This blog was updated on November 28, 2023 Businesses of all sizes must properly determine what tax information to report, where to report it, how
Largely fueled by necessity during the COVID-19 pandemic, Federal and state governments throughout the U.S. have updated their tax withholding and information reporting processes. With
If you have been reporting 1099s for a while, you know that Tax Identification Number (TIN) matching is essential to ensure you don’t receive notices
This blog was updated on November 28, 2023 Direct state reporting for 1099s has increased regulations over the past decade. These regulations include earlier due
Direct state reporting obligations can quickly become complicated for any business, and if done incorrectly, state penalties can add up rapidly. Direct state reporting has
The IRS created the Combined Federal State Filing (CF/SF) program more than 20 years ago to help alleviate the administrative burdens on small businesses reporting