As the freelance economy continues to grow, many individuals are shifting from traditional employment models to self-employment. This transition often brings significant changes not only […]
1099-NEC
Freelance Taxes 101: Lessons I Learned the Hard Way
Starting a freelance career often feels exciting and liberating. You are your boss, you create your schedule, and you control your projects. However, one of […]
Understanding IRS Form 1099-NEC: Reporting Nonemployee Compensation
As the freelance economy expands and more individuals take up contract-based work, understanding the paperwork involved becomes vital. IRS Form 1099-NEC is central to this […]
Understanding the Difference Between Form 1099-NEC and 1099-K
As a new tax season begins, self-employed individuals, freelancers, and gig workers typically receive a variety of informational tax forms from clients, financial institutions, and […]
Understanding the Difference Between Form 1099-NEC and Form 1099-K
At the start of each tax season, individuals and businesses receive a variety of informational tax forms from employers, financial institutions, and organizations they conducted […]