Category: Tax Compliance

IRS Debuts Draft of 1099-NEC for 2020 to Replace 1099-MISC Box 7

IRS Debuts Draft of 1099-NEC for 2020

In a monumental moment for tax reporting professionals, the IRS has released a draft of Form 1099-NEC, the form that will eventually replace Form 1099-MISC

Tax Compliance

Interpreting Insurance Tax Legislation

Tax legislation is sometimes structured, or worded, ambiguously.  This leaves scope for a number of different interpretations for the treatment of tax on insurance policies,

Tax Compliance

Under the Bonnet of Motor Insurance

When it comes to motor insurance, everything is high; high tax rates, high volumes of tax administration and high levels of complexity.  A thorough understanding