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For years, the number $600 has been etched into the minds of every church administrator and nonprofit executive. It was the magic threshold that triggered a flurry of year-end pape...
For decades, the $600 threshold has been the standard for issuing 1099 forms. If you paid a contractor or vendor $600 or more in a year, a Form 1099-NEC or 1099-MISC was required....
Are you looking for more flexible work at home jobs? Working as an independent contractor allows you to set your own schedule, choose your own clients (if you are working as a free...
Hiring the right talent is essential for business growth, but proper worker classification is equally important. In 2026, misclassifying workers as independent contractors rather t...
Discover the top 7 free accounting software options specifically designed for independent contractors. Streamline your finances, track expenses, and simplify invoicing with these u...
It was traditionally the IRS’s regulations on worker status that determined whether to issue a W-2 or 1099 at the end of the year. The Department of Labor has issued additional gui...
If you run an online business, freelance, or sell goods while living abroad, you might receive IRS Form 1099-K. It reports payment transactions processed through platforms like Pay...
Amwins outlines compliance challenges and insurance gaps for employers
The IRS is running its AI-powered audit selection system six times annually - and freelancers, independent contractors, and gig workers are squarely in the crosshairs.
Paying one contractor is easy. Paying 25 across five countries, in three currencies, with different tax forms and payment terms? That’s where things start to break. If you’re a fo...
Living abroad often blurs income lines: One client wires you funds directly, another pays via Wise, or a foreign firm calls you an “employee” but skips payroll taxes and treats you...
Many seniors thought the reversal of the controversial $600 Form 1099-K reporting threshold would make tax season easier, but the reality is more complicated. Congress...
Most business owners don’t consider themselves facing an employment issue. Until they do. And when they do, it’s usually costly, disruptive, and entirely preventable. Continue read...
On June 4, the American Society of Media Photographers (ASMP) is hosting a free educational webinar where the organization's CEO Thomas Maddrey, who is also a lawyer, will explain...
Im leased on. I break expenses down and send them to my accountant. I go over the return and find mistakes. So im wondering how hard it is to do it your self. The 1040 is easy a...
Publicly funded bodies have made the most tax settlements with Revenue after being forced to reclassify contractors as their employees.
IT skills market impacted as contractors forced to use umbrellas or opt out altogether, while tax compliance remains deeply uncertain, with late payments and payslip inaccuracy rif...
The IRS declined to include accountants or tax preparers as qualified occupations, despite support in public comments.
Why independent contractors require better leadership than employees
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