Properly classifying a worker as an independent (outside) contractor may save your business money by avoiding payroll taxes, overtime pay, and employee benefits, such as pension plan ...

Self-employment tax requires you to pay 15.3% of your total earnings. This tax is levied to pay into Social Security and ...

Tax season is here and North Carolinians should find the relevant financial documents to ensure filing their returns is as ...

The 1099-NEC form is essential for reporting non-employee compensation. It is commonly used by businesses to report payments ...

If you're one of the millions of people in the U.S. who sends quarterly estimated income taxes to the IRS, you already know that doing it right requires dedication and organization. In contrast to ...

Do you have to file multiple federal tax returns? No, you do not file multiple federal tax returns for each job separately.

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year. Here’s why you might ...

Cultura RM Exclusive/Stefano Gilera / Getty Images Form 1099-Q: Payments From Qualified Education Programs is an Internal Revenue Service (IRS) tax form sent to individuals who receive ...

The Pentagon has officially launched an investigation into claims made by United States government contractor Jake Barber, who alleges he was involved in secret missions to recover ...

Calling a law imposing hefty penalties on construction industry employers and owners who misclassify employees as independent contractors "unconstitutional" and "vague," two Minnesota-based ...