http://netvouz.com/lillymark/tag/1099?feed=rss lillymark's bookmarks tagged "1099" on Netvouz http://www.mytaxfiler.com/blog/filing-your-taxes-4-key-facts-about-irs-form-1099/ Every employee receives a Form W-2 reporting annual pay and the taxes taken out. Include a copy with your tax return. Forms 1099 are equally important, maybe more so. See 1099 Or W-2? - See more at: http://www.mytaxfiler.com/blog/filing-your-taxes-4-key-facts-about-irs-form-1099/#sthash.Qhyp4RYp.dpuf lillymark Tue, 05 Mar 2013 05:02:17 GMT http://www.mytaxfiler.com/blog/is-failing-to-issue-irs-forms-1099-criminal/ Everyone knows something about IRS Form 1099, and if you don’t, you should. It’s that little slip of paper—barely a third of a sheet—but bearing oh-so-critical numbers: your Social Security number and how much you got paid. In that sense, a 1099 is a precursor to a tax bill. - See more at: http://www.mytaxfiler.com/blog/is-failing-to-issue-irs-forms-1099-criminal/#sthash.pNUaPAtT.dpuf lillymark Tue, 05 Mar 2013 04:42:54 GMT http://www.mytaxfiler.com/blog/on-tax-returns-dont-forget-form-1099-traps/ In the IRS’s quest for better and more automated matching of income and Social Security numbers, - See more at: http://www.mytaxfiler.com/blog/on-tax-returns-dont-forget-form-1099-traps/#sthash.4H3DTGSP.dpuf lillymark Tue, 05 Mar 2013 04:53:44 GMT http://www.mytaxfiler.com/blog/1099-or-w-2/ This time of year that seems a logical question. It’s short for “independent contractor or employee?” If you’re an employee, you must be paid via a net check–on which tax withholdings are taken. That means you’ll receive an IRS Form W-2 from your employer in January the following year. lillymark Mon, 10 Dec 2012 10:53:10 GMT http://www.mytaxfiler.com/blog/7-crippling-mistakes-with-form-1099-that-cost-big/ It’s Form 1099 season, and companies big and small are churning them out. If you’re in business–even as a sole proprietor–you need to pay attention to issuing them or face penalties. lillymark Tue, 20 May 2014 13:10:43 GMT http://www.mytaxfiler.com/blog/californias-tough-new-independent-contractor-law/ The IRS, Department of Labor and many state agencies are taking aim at businesses using independent contractors. See IRS, DOL And States Mount Independent Contractor Attack. Why? Paying an independent contractor means no wage withholding, no employment taxes, no unemployment lillymark Mon, 10 Dec 2012 10:22:32 GMT http://www.mytaxfiler.com/blog/can-interns-who-agreed-to-work-for-free-sue-for-wages/ Like ugly ducklings, will unpaid interns emerge as (Black) Swans? A series of lawsuits–including one by interns who worked on the Black Swan movie–is set to answer the question whether unpaid interns are really employees. lillymark Thu, 15 May 2014 09:47:12 GMT http://www.mytaxfiler.com/blog/do-you-want-a-1099-or-a-w-2/ If you’re an employee, taxes have to be taken out. That means you’ll receive an IRS Form W-2 in January. In contrast, if you’re an independent contractor, you’ll get full pay with no deductions. Of course, you are liable for your own taxes. Come January, assuming your total pay was $600 or more, you’ll receive an IRS Form 1099. lillymark Mon, 19 May 2014 11:23:39 GMT http://www.mytaxfiler.com/blog/what-is-irs-form-1099-oid/ This long-term debt instrument has Original Issue Discount (OID) when it is issued for a price less than its stated redemption price at maturity (principal amount). lillymark Mon, 20 Jan 2014 07:39:33 GMT