TaxBandits | August 22, 2017 | Read time: 4 minute(s)
Learning you won’t be receiving a tax refund is bad enough, but learning you owe money is even worse. The discovery of owing more feels like a crushing
TaxBandits | February 21, 2014 | Read time: 3 minute(s)
By now all Form 1099 and W-2’s should have been furnished to recipients. Now it is time to file them with the IRS and Social Security Administration if
TaxBandits | February 19, 2014 | Read time: 5 minute(s)
From the IRS website regarding Missing 1099: If you receive certain types of income, you may get a Form 1099 for use with your federal tax return. Form
TaxBandits | February 3, 2014 | Read time: 3 minute(s)
It is important to file your 1099 & W-2 on time to avoid incurring penalties. According to the General Instructions for Certain Information Returns the penalty applies if
TaxBandits | January 13, 2014 | Read time: 2 minute(s)
Form 1099 is used to report various types of income other than wages, salaries and tips. The type of income determines which Form 1099 is required. See the
TaxBandits | January 3, 2014 | Read time: 3 minute(s)
It is important to file your 1099 & W-2 on time to avoid incurring penalties. According to the General Instructions for Certain Information Returns the penalty applies if
TaxBandits | December 16, 2013 | Read time: 3 minute(s)
Form 1099-MISC, Miscellaneous Income, is used to report payments for services performed for a business by people not treated as its employees, such as payments to subcontractors, rent
