Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Most IRS Forms 1099 arrived around the end of January 2026 for ...

Discover what an honorarium is, when it's used, and how it's taxed by the IRS. Learn about honoraria in academic settings and ...

If you’re a content creator, freelancer, or small business owner, tax season can be overwhelming—especially when juggling multiple 1099 forms from different income sources. Understanding which form ...

Starting in 2026, the IRS is raising the reporting threshold for Forms 1099-NEC and 1099-MISC from $600 to $2,000 under the One Big Beautiful Bill Act. The change means fewer forms for small payments, ...

Tax season is well underway, and that means you should have received one or more income statements from employers or any other entities that paid you income in 2024. IRS rules state that all tax ...

Despite COVID-19, the Internal Revenue Service is continuing forward with moving 1099-MISC Box 7, “Non-Employee Compensation” to a new form, the 1099-NEC. This is effective starting this tax year, ...

The IRS started its 1099 information return program in the 1980s. Its purpose is to make it harder for people to work "under the table." The 1099s allow the IRS to run a matching program using Social ...