Kralik's memoir, "A Simple Act of Gratitude: How Learning to Say Thank You Changed My Life," chronicles his year-long goal of ...

First, he filled out a W-9 so he could be sent a tax form as a contractor, rather than a W-4 for employees, which helps companies determine how much tax to withhold from a worker’s paycheck.

Step-by-Step: How To Fill Out a W-4 Form in 2025 Here’s a breakdown of what you’ll see on the W-4 and how to fill it out the right way.

Then in 2020, the IRS introduced Form 1099-NEC (non-employee compensation). You’ll issue Form 1099-NEC if you paid any non-employee $600 or more to perform services for your business.

When businesses pay a nonemployee, such as a freelancer or independent contractor, $600 or more in a year, they must file Form 1099-NEC, which is filled out using the information on Form W-9. Form ...

New Rules for Form 1099-K For the 2023 tax year, third-party payment processors only needed to send out 1099-Ks if account holders conducted more than 200 transactions totaling at least $20,000 in ...

Editor’s note: The following was written by Shannon Sand, regional Extension educator for the University of Nebraska, for the university’s Center for Agricultural Profitability website.

As the world’s richest men slash American aid for the world’s poorest children, they insist that all is well. “No one has died as a result of a brief pause to do a sanity check on foreign ...

Form 1099-SB is filed after 1099-LS (sale or transfer of a life insurance policy) has occurred. While the latter documents the purchase, 1099-SB documents the cost basis for the life insurance.

The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you fills out the 1099. In most cases, you should receive any 1099 form by the ...

The exemption to every rule One widely used payment app is not subject to the 1099-K rule. Zelle won’t be sending out 1099-K forms, even if you receive business payments through the platform. This is ...

Understanding 1099 contractors You may have heard people use the term 1099 employee before. Although this term is commonly used, there is actually no such thing as a 1099 employee.