MUST-DO IRS Steps if Your Business Paid an Independent Contractor - SIMPLE Step by Step

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  • Опубліковано 15 лип 2024
  • Here's exactly what you must do if your business paid independent contractors to fulfill your tax obligations quickly and easily. Determine if you must send a 1099, how to create a 1099NEC quickly, and when to send a 1099 by.
    IRS Form W9: www.irs.gov/pub/irs-pdf/fw9.pdf
    IRS information about 1099NEC: www.irs.gov/forms-pubs/about-...
    Generate and file 1099NEC: www.tax1099.com/
    0:00 What are my tax obligations for my independent contractors
    0:21 Consult a tax professional
    0:36 Do I need to send a 1099NEC?
    0:50 Collect a W9 for an independent Contractor
    1:07 How to send a 1099 to and independent contractor
    1:42 When are 1099s due to independent contractors
    1:50 Tax deductions
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