1099 Threshold for 2026: What the New IRS Rules Mean for You
Starting in tax year 2026, the reporting threshold for Form 1099-NEC and most Form 1099-MISC payment categories rises from $600 to $2,000. The change comes from the One Big Beautiful...
Form 1099-DA Instructions for Tax Year 2026: A Complete Guide
Form 1099-DA reporting rules are officially in effect for tax year 2026, ending the transition-period flexibility brokers relied on in 2025. Here's what's required now, who it applies to, and the deadlines to plan around.
How to Choose the Best 1099 Filing Software for 2026 (7 Things to Check)
1099 filing can be complicated. New forms, new thresholds, more filers. Here's how to pick software that keeps up.
Form 1099-MISC Instructions for 2026 Tax Year: A Complete Guide
Form 1099-MISC is getting a major overhaul for tax year 2026. The reporting threshold jumps from $600 to $2,000 for most payments, three new boxes cover tips and overtime, and golden parachute payments are moving. Here's what filers need to know before the 2027 filing season.
FIRE to IRIS Transition: What to Know Before the IRS Retires the Legacy System in 2027
Discover the key details you need to know before the IRS retires the FIRE system in 2027 and fully transitions to IRIS.
Best Practices for Error‑Free 1099 & W2 Filings: How TaxBandits Helps Ensure Accuracy
A little preparation goes a long way when it comes to 1099 and W‑2 filings. Taking the time to organize your information and follow a consistent process can significantly reduce...
Why Filing Your 1099/W-2 Forms Early is Better Than Waiting Until Deadline Day
If you’ve ever had a project that you’ve pushed off until the very last minute, you probably know the stress that comes with scrambling to meet a deadline. The anxiety,...
IRS Announced No Changes to 2025 Information Returns or Withholding Tables Under the One Big Beautiful Bill Act (OBBBA)
The IRS has designated the 2025 tax year as a transition period to start adjusting to the upcoming changes under the OBBBA.
IRS Changes to 1099 Forms for Tax Year 2025: Everything You Should Know
Stay informed about the latest IRS updates to 1099 forms for the 2025 tax year. Find out what’s new and how to prepare for accurate year-end filing.