Why The IRS Requires the Updated 1099-NEC Form for Contractors
It’s that time of year that every small biz owner dreads- tax time! Unfortunately this year, there are some new tax forms that every small business will need to use.
Jaime Lizotte on IRS 1099-NEC Form
According to Jaime, the IRS reintroduced the 1099-NEC for all non-employee service compensation to replace box 7 on the traditional 1099-MISC form. The 1099 form can still be used for
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