Shows
Information Return IntelligenceEpisode 14: 5 Ways to Make 1099 Filing Even Smoother Next Yearhe January 31 deadline for Form 1099-NEC filing has passed—but that doesn’t mean it’s time to stop thinking about information returns.In this episode of Information Return Intelligence, Jason Dinesen breaks down five practical things organizations should do right now to strengthen their 1099 and information return process for the rest of 2026 and beyond.If you only do one thing, Jason explains what it should be—and why it solves more 1099 problems than almost anything else.In this episode, we cover:Why Form W-9 is your best friend in 1099 compliance
2026-02-1007 minInformation Return IntelligenceEpisode 13: A Look at the Drafts of 1099-NEC and 1099-MISCIn this episode of Information Return Intelligence, I break down the draft 2026 versions of Forms 1099-NEC and 1099-MISC and explain what’s really going on with the new boxes for tips and overtime.These changes are tied to the Big Beautiful Bill and the new above-the-line deduction for qualifying tips and qualifying overtime on individual tax returns. While this feels like a payroll issue (and most of the time, it is), there are some important 1099 implications that AP and tax teams can’t ignore.We cover:What...
2026-02-0307 min
Sunlight Tax1099 Problems (and How to Avoid Them)In this episode of the Sunlight Tax Podcast, I explain what 1099 forms are, why accurate 1099 reporting matters, and how mistakes can impact your taxes if you're self-employed. I break down common 1099 problems and how to avoid them. I also share what to do when a 1099 is wrong and how to make sure all your income is properly reported to the IRS. We also cover key 1099 deadlines and practical bookkeeping tips to help freelancers, contractors, and small business owners stay compliant and avoid costly surprises at tax time. Also mentioned in today's episode: 01:12 Understanding 1099s...
2026-01-2713 min
Lets Get FiscalEP23 - 1099-K Threshold Changes After OBBA What Creators Need to Know NOWThe New 1099-K Rules Explained: What Creators Need to Know to Stay CompliantThe 1099-K rules have officially changed again, and while the feared $600 reporting threshold is gone, confusion is still everywhere. Creators, freelancers, and small business owners are left wondering whether Venmo, PayPal, Stripe, Shopify, or Airbnb income will trigger IRS scrutiny—and what they’re supposed to do next. In this episode of Let’s Get Fiscal, Anastasia Aiello and Myiesha Fisher cut through the noise and explain exactly how the new 1099-K rules work, who they apply to, and why misunderstanding them c...
2026-01-2026 min
QB Power Hour Podcast1099 Strategies: Is QuickBooks enough?Rich Kane CPA will join us to recap the 1099 filing capabilities in QuickBooks and Avalara will be joining us to share how their solution can augment and streamline the filing process.QB Power Hour is a free, biweekly webinar series for accountants, ProAdvisors, CPAs, bookkeepers and QuickBooks consultants presented by Dan DeLong and Matthew Fulton who are very passionate about the industry, QuickBooks and apps that integrate with QuickBooks.Earn CPE through Earmark: https://bit.ly/QBPHCPEWatch or listen to all of the QB Power Hours at https://www.qbpowerhour.com/blog
2026-01-1659 min
Unofficial QuickBooks Accountants Podcast1099 Reasons to Love JanuaryAlicia breaks down everything accounting professionals need to know about filing 1099-NEC and 1099-MISC forms in QuickBooks Online for 2026. She covers who qualifies for a 1099, which payment methods require filing, how to use QBO's Contractor Center and automated filing tools, and why the $600 threshold is finally changing to $2,000 in 2027. Alicia also shares practical workarounds for common issues like material reimbursements, state filing requirements, and what to do when contractors don't return their W-9 forms.SponsorsUNC - https://uqb.promo/unc(00:00) - Welcome to The Unofficial QuickBooks Accountants Podcast
(00:19) - Diving into 1099 Forms
(01:53...
2026-01-1545 min
Unfiltered ProfitWait- 1099's are changing?Are you still confused about 1099’s—and quietly hoping you’re doing it right?If 1099 season feels like a moving target (first it was $600, then $2,000, then “just kidding”), you’re not imagining things. Many business owners are either over-filing, under-filing, or panicking over forms that don’t actually apply to them.And here’s the problem: misunderstanding 1099 rules can lead to missed filings, unnecessary stress, or worse—checking the wrong box on your tax return and triggering IRS scrutiny. The fix isn’t panic or perfection. It’s clarity, clean processes, and knowing exactly what matters this year (and...
2026-01-0915 min
Small Business Tax Savings PodcastThe 1099 Rules Every Small Business Owner Needs to Know Before January 31Are you still guessing when it comes to 1099s? Most business owners are. And every January, that confusion turns into stress, penalties, and last-minute cleanup that could have been avoided.In this episode, Mike Jesowshek breaks down everything small business owners need to know about 1099-NEC and 1099-MISC forms, who needs one, who doesn't, the deadlines and the penalties that add up fast. If you want January to feel calm instead of chaotic, this episode gives you the clear rules and simple process to get compliant without overthinking it. 🧾 Good systems prevent tax h...
2025-12-3117 min
Money Moves for CRNAsDo 1099 CRNAs Need an LLC? Why the IRS Already Sees You as a Business | Ep. 12If you’re a 1099 CRNA, you’re already running a business — whether you planned to or not.The IRS, hospitals, and courts all treat independent CRNAs like businesses. The problem? Many CRNAs go 1099 for flexibility or higher pay but keep operating like employees. That gap creates risk, higher taxes, and stress.This episode kicks off The CRNA Business Basics Series and explains — in plain language — why an LLC matters for 1099 CRNAs.In this episode:Why 1099 CRNAs are considered businessesThe risks of working without an LLCHow an LLC protects your personal life from business p...
2025-12-3009 minInformation Return IntelligenceEpisode 8: 1099 and 1042-S Year-in-ReviewAs 2025 comes to a close, this special year-end episode of Information Return Intelligence looks back at the most important developments in information return reporting—especially those affecting accounts payable and compliance teams.We walk chronologically through the year, highlighting regulatory changes, IRS guidance, legislation, and draft forms that will shape reporting obligations in 2025 and beyond.Key topics covered include:January regulations on digital and cloud transactions Final regulations clarified how digital transactions are classified (royalty, sale, lease, services, or know-how), while new rules on cloud computing—such as S...
2025-12-3015 min
Dr. Friday Tax & Financial Firm, Inc.Who Gets a 1099? Don’t Forget Your ContractorsYear-end means 1099 season. Dr. Friday explains who should get a 1099-MISC or 1099-NEC and why Form W-9 is so important.
Transcript
G’day, I’m Dr. Friday, president of Dr. Friday’s Tax and Financial Firm. To get more info, go to www.drfriday.com. This is a one-minute moment.
Very soon we need to be issuing our 1099 miscellaneous or 1099 NECs for anyone that provided services for us. That would include all of you that have rental properties—your lawn man, your repairman, your handyman, your roofer.
If he’s an LLC—anyone...
2025-12-2201 minDr. Friday Tax & Financial Firm, Inc.Who Gets a 1099? Don’t Forget Your ContractorsYear-end means 1099 season. Dr. Friday explains who should get a 1099-MISC or 1099-NEC and why Form W-9 is so important.
Transcript
G’day, I’m Dr. Friday, president of Dr. Friday’s Tax and Financial Firm. To get more info, go to www.drfriday.com. This is a one-minute moment.
Very soon we need to be issuing our 1099 miscellaneous or 1099 NECs for anyone that provided services for us. That would include all of you that have rental properties—your lawn man, your repairman, your handyman, your roofer.
If he’s an LLC—anyone...
2025-12-2201 minDr. Friday Tax TipsWho Gets a 1099? Don’t Forget Your ContractorsYear-end means 1099 season. Dr. Friday explains who should get a 1099-MISC or 1099-NEC and why Form W-9 is so important.
Transcript
G’day, I’m Dr. Friday, president of Dr. Friday’s Tax and Financial Firm. To get more info, go to www.drfriday.com. This is a one-minute moment.
Very soon we need to be issuing our 1099 miscellaneous or 1099 NECs for anyone that provided services for us. That would include all of you that have rental properties—your lawn man, your repairman, your handyman, your roofer.
If he’s an LLC—anyone...
2025-12-2201 min
Rep Path Podcast1099 Medical Sales Explained: The Fastest Way to Break In or Burn OutREADY TO BREAK INTO MEDICAL SALES THE RIGHT WAY?
If you’re serious about landing a role in medical sales and competing at the highest level, join the RepPath Academy today 👉 https://reppath.com/pages/program
We help motivated candidates break into medical sales faster, smarter, and with real-world strategy, not guesswork.
In this episode of the RepPath Podcast, Joe Licata breaks down one of the most misunderstood and potentially lucrative paths in medical sales, 1099 independent contractor roles.
Whether you are:
Trying to break into medical sales with no experience
Stuck waiting on W2 interviews...
2025-12-201h 04
Money Moves for CRNAs1099 CRNA Tax Mistakes: What To Do When Your 1099 Is Wrong or Missing | Ep. 10If you're a 1099 CRNA, sooner or later you'll deal with a wrong 1099 or a missing 1099 — and it can be terrifying if you don’t know what to do.In this episode of Money Moves for CRNAs, Randy breaks down why 1099 forms are often wrong, what happens when a payer forgets to send one, and how to protect yourself from IRS letters and audits.You’ll learn:✅ Why many payers report the WRONG income on 1099-NECs✅ What to do when your 1099 shows money you didn’t actually receive✅ How to handle payments that arrive in Janu...
2025-12-0108 minDr. Friday Tax & Financial Firm, Inc.1099 Rules Changing Soon — What to Know for 2025Dr. Friday explains the current and upcoming rules for 1099-MISC and 1099-NEC forms—and reminds businesses of their reporting responsibilities.
Transcript
G’day, I’m Dr. Friday, president of Dr. Friday’s Tax and Financial Firm. To get more info, go to www.drfriday.com. This is a one-minute moment.
1099-MISC, 1099-NECs—this is where we report our subcontractors or services that we have, and we need to send them the 1099 so that they then can file their taxes.
Keep in mind: if you do not receive a 1099, but you did receive mo...
2025-11-2401 minDr. Friday Tax & Financial Firm, Inc.1099 Rules Changing Soon — What to Know for 2025Dr. Friday explains the current and upcoming rules for 1099-MISC and 1099-NEC forms—and reminds businesses of their reporting responsibilities.
Transcript
G’day, I’m Dr. Friday, president of Dr. Friday’s Tax and Financial Firm. To get more info, go to www.drfriday.com. This is a one-minute moment.
1099-MISC, 1099-NECs—this is where we report our subcontractors or services that we have, and we need to send them the 1099 so that they then can file their taxes.
Keep in mind: if you do not receive a 1099, but you did receive mo...
2025-11-2401 minDr. Friday Tax Tips1099 Rules Changing Soon — What to Know for 2025Dr. Friday explains the current and upcoming rules for 1099-MISC and 1099-NEC forms—and reminds businesses of their reporting responsibilities.
Transcript
G’day, I’m Dr. Friday, president of Dr. Friday’s Tax and Financial Firm. To get more info, go to www.drfriday.com. This is a one-minute moment.
1099-MISC, 1099-NECs—this is where we report our subcontractors or services that we have, and we need to send them the 1099 so that they then can file their taxes.
Keep in mind: if you do not receive a 1099, but you did receive mo...
2025-11-2401 min
The LevelsW2 vs 1099 in PT Clinics: The Costly Mistake Owners Keep MakingEvery PT owner hits this question: 𝘞𝟤 𝘰𝘳 𝟣𝟢𝟫𝟫?And almost every time, they get it wrong.Here’s the truth → in 99% of cases, PTs should be W2.In this video, Dr. Joey Allbritton breaks down the 𝘁𝗵𝗿𝗲𝗲 𝗖’𝘀 𝗼𝗳 𝗰𝗹𝗮𝘀𝘀𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻—Control, Cash, Connections— and why most PT owners hurt themselves (and their teams) chasing the 1099 𝘴𝘩𝘰𝘳𝘵𝘤𝘶𝘵.𝗪𝗵𝗮𝘁 𝘆𝗼𝘂’𝗹𝗹 𝗱𝗶𝘀𝗰𝗼𝘃𝗲𝗿:⚠️ Why “almost nothing” in PT is truly a 1099⚠️ The fines and risks of misclassification⚠️ Why unicorn 1099 hires aren’t a growth model⚠️ How to build profitability with W2 and benefits⚠️ What to fix if you “can’t afford” W2Timestamps:00:00 – The 1099 vs. W2 debate in PT clinics00:22 – Why Skool group questions come first00:49 – Pete’s question: advantages & dr...
2025-10-1111 min
The Clinton Donnelly ShowYour Accountant Is NOT Ready For 1099-DA Crypto Tax FormThe 2025 tax season is bringing the biggest change to crypto tax reporting in years. Centralized exchanges will now send the IRS a Form 1099-DA, detailing every single one of your crypto sales, exchanges, and even transfers. For active traders, this could be a document that is dozens of pages long.Is your current accountant prepared to handle this?In this episode of the Clinton Donnelly Show, we break down exactly what the 1099-DA means for you as a US crypto investor. He'll cover why standard tax software fails with complex DeFi transactions and how misclassifying trades can lead you...
2025-10-0708 minThe Clinton Donnelly ShowIRS 1099-DA in Under 3 Minutes: What Crypto Exchanges Will Report in 2026What is IRS Form 1099-DA?It’s the brand-new IRS form for digital assets, arriving in 2026. U.S. crypto exchanges like Coinbase, Robinhood, Kraken, Gemini, and Fidelity will now be required to report your crypto sales, swaps, and even wallet transfers — including the wallet addresses involved.Clinton Donnelly, founder of CryptoTaxAudit and known as the “Crypto Tax Fixer,” breaks down what this means for traders:- Which exchanges will issue Form 1099-DA- What’s being reported (sales, swaps, transfers, wallet addresses)- Why cost basis data won’t be included until later years- How 1099-DA fits into the consolidated 1099 package (INT...
2025-09-0502 min
MoneyRx for CRNAs and NPsW2 vs 1099: What CRNAs Need to KnowIs a W2 salary always better than a 1099 contract? This episode of the "Money Rx for CRNA's" podcast, hosted by Brett Fellows, breaks down a critical career decision many CRNAs face. Using a framework for confident decision-making, the episode compares the real financial differences and tax implications between traditional W2 employment and independent 1099 contracting. It also helps CRNAs determine which path fits their career stage and personality.Brett explores:The increasing trend of CRNAs working as independent contractors.The importance of comparing total compensation, not just salary versus hourly rate.The benefits of W2 employment, such...
2025-08-1218 min
Beyond The Mask: Innovation & Opportunities For CRNAsGrade 1 View – Ep. 18 – Pursuing a 1099 CRNA CareerFor many years, it was rare to see a new CRNA grad get a 1099 opportunity, but that’s been changing over the past decade. This new generation of CRNAs looks at work differently than previous generations and 1099 fits their lifestyle needs much better.
So what do you really need to know if you are choosing between traditional W2 employment and the increasingly popular 1099 pathway? Kevin and Larry welcome on Beyond the Mask hosts Jeremy Stanley, EA, CFP®, AIF® and Sharon Pearce, DNP, CRNA, FAANA, FAAN to talk tax advantages, income potential and career flexibility.
Here’s some...
2025-08-0534 minThe Clinton Donnelly ShowNew IRS Form 1099-DA in 2026: What Every Crypto Investor MUST Know!😱 WTF is 1099-DA? This NEW crypto tax form drops in January 2026—and if you miss it, you will get a nastygram from the IRS. Here’s what it means, how it compares to 1099-K & 1099-B, and why your next Coinbase report could trigger an audit.🎯 In this video:- What is IRS Form 1099-DA- Key differences from 1099-B, 1099-K & consolidated 1099s- What happens if you ignore one of these forms- Why missing one box could cost you thousands in tax penalties- How to audit-proof your crypto reports BEFORE tax season👇 Free crypto tax course — https://www.youtube.com/playlist?list=PLlRL1XYAz...
2025-06-2402 min
Accounting in the WildThe Big Beautiful Bill: Major 1099 Reporting Changes Explained (Plus an Update on the IRS FIRE System)In this solo episode, Jason Dinesen dives into the proposed 1099-related changes in the so-called Big Beautiful Bill. From raising the reporting threshold to resetting Form 1099-K rules, this episode covers what’s really in the legislation—and what it means for you.Topics covered:Proposal to raise the $600 threshold to $2,000 starting in 2026Return of the 200 transaction / $20,000 rule for Form 1099-KNew reporting form for auto loan interestThe planned phase-out of the FIRE system by December 20261099 history trivia to impress your tax friendsWhether you're an a...
2025-06-1726 min
历史的混响1099年6月7日：圣城围城战启——第一次十字军的耶路撒冷之围晚上好，欢迎收听《历史的混响》，我是夕洋洋。明天是2025年6月7日，让我们将时光之轮倒转整整926年，回到公元1099年的同一天。在地中海的东岸，在被称为“三教圣地”的古老城市耶路撒冷的城墙之下，一场决定圣地归属命运的军事行动拉开了序幕——由西欧天主教徒组成的第一次十字军东征的军队，在经历了漫长而艰难跋涉和激烈战斗之后，终于兵临耶路撒冷城下，并在6月7日开始正式围攻这座对于他们而言拥有至高神圣意义的城市。今天，我们就来详细讲述1099年6月7日，这支十字军开始围攻耶路撒冷的始末，以及其背后的深远影响。在具体讲述这场围攻之前，我们有必要了解这场大规模军事行动的前提——何为十字军东征？它是怎么产生的？这需要我们从11世纪末的欧洲说起。当时的西欧，正处于一个被称为“中世纪”的时代。基督教（具体说是罗马天主教）是整个社会信仰和精神的绝对核心，深深渗透到政治、社会和个人生活的方方面面。教皇是天主教世界的最高精神领袖。与此同时，位于亚洲西部与欧洲东南部交界处的小亚细亚、叙利亚和巴勒斯坦地区，也就是近东，则主要由信奉伊斯兰教的政权统治。这片土地，特别是其中的耶路撒冷城，对基督教而言具有无与伦比的神圣意义——根据《圣经》记载，这里是耶稣基督传教、受难、复活的地方，是基督教信仰的发源地和精神核心。然而自7世纪阿拉伯帝国崛起并征服该地区后，圣地一直处于伊斯兰世界的统治之下。时间来到11世纪后半叶，统治近东大部分地区的强盛帝国——塞尔柱突厥人建立的政权——内部也出现了不稳定因素。1071年，塞尔柱军队在曼齐刻尔特战役中大败拜占庭帝国（东罗马帝国）军队，几乎占领了整个小亚细亚（即今天的土耳其亚洲部分）。拜占庭帝国因此损失了大量领土，首都君士坦丁堡（今伊斯坦布尔）直接受到威胁。拜占庭皇帝阿莱克修斯一世被迫向西方求援，希望得到西欧基督教世界同宗兄弟的帮助来抵御伊斯兰塞尔柱人的压力。阿莱克修斯的求援信，送到了当时的罗马教皇乌尔班二世手中。这位教皇看到了一个千载难逢的机会：一方面，援助拜占庭兄弟合乎宗教情谊；另一方面，更深层的，他希望通过一次针对伊斯兰世界的宏大军事行动，将西欧因领地纠纷、私战不断的贵族骑士阶层的力量导向外部，解决西欧内部纷争，同时也可以树立教皇的绝对权威，甚至有机会将东西方教会（东西教会于1054年刚刚分裂）重新统一于罗马教廷之下。一个更直接的目标也被广泛宣传：收复被穆斯林“占据”的圣地耶路撒冷！于是，在1095年11月，教皇乌尔班二世在法国的克莱芒召开宗教会议。面对广大贵族、教士和平民，他发表了极具煽动性的著名演讲。他痛陈“东方基督徒”在塞尔柱人统治下所受的苦难（其中某些描述可能被刻意夸大渲染），渲染圣墓教堂（据信是耶稣墓所在地）被亵渎，并高呼“上帝的旨意！”（Deus Vult!）。他号召所有基督徒，无论是贵族骑士还是普通民众，拿起武器进行圣战，前往东方去解救圣地，夺回耶路撒冷。他许诺参加者将获得教会的赦免，所犯下的罪将被赦免（所谓“赎罪券”制度），并宣称为信仰而战而死将能直接升入天堂。这番富有激情的演说，如同一颗火星点燃了干燥的草原，瞬间在欧洲引发了巨大的狂热反响。在乌尔班二世的号召下，整个西欧社会都被动员起来。首先出发的，是一支被称为“平民十字军”的庞大队伍。这支队伍主要由狂热的农民、无土地的流民以及少量下层教士组成，他们缺乏组织、没有后勤保障、更没有像样的武器装备。这支队伍在名为“隐士彼得”的教士带领下，在1096年春天就迫不及待地踏上了东征之路。然而，这是一场灾难性的行程。他们沿途遭遇抢劫和冲突，在穿越小亚细亚时遭到塞尔柱军队的伏击和屠杀，损失极为惨重，几乎全军覆没。在这支贫民十字军几乎被消灭的同时，西欧各地的诸侯贵族们也开始集结，这才是第一次十字军东征的主力。这些分属不同国家（主要是法国、诺曼底、洛林等地）的封建领主、骑士及其侍从、步兵，组成了几支相对更有组织和战斗力的武装力量。他们由实力强大的贵族领导，比如布永的戈弗雷、图卢兹的雷蒙德、诺曼底的博希蒙德等人。他们通常拥有较好的武器装备（锁子甲、长剑、长矛等）、一定的战术素养和（相对而言）更有序的后勤支持。这些贵族十字军从1096年晚些时候陆续出发，沿着不同的路线（主要是经由陆路穿越巴尔干和小亚细亚），最终在1097年在拜占庭首都君士坦丁堡附近集结汇合。尽管拜占庭皇帝阿莱克修斯一世对这些“援军”心存疑虑（担心他们觊觎拜占庭的土地），但还是为他们的后续进军提供了某种程度上的支持或方便。十字军庞大的军队随即向小亚细亚进发，目标是穿越塞尔柱突厥人的控制区，前往叙利亚和巴勒斯坦，最终夺取耶路撒冷。从1097年开始，十字军在东征路上经历了极其艰苦的行军和惨烈的战斗。第一个重大考验就是包围并攻占了小亚细亚的重镇尼西亚（1097年）。接着，他们在多利留姆战役中击败了塞尔柱军队主力。然而，最大的挑战来自小亚细亚广袤、干旱和山脉纵横的地理环境。军队面临严重的饥渴和补给困难，损失了大量人员和马匹。1098年，经历了长达七个月的艰苦围困和血腥巷战后，十字军攻占了当时叙利亚北方极其重要的城市安条克。这场攻坚战代价巨大，十字军自己也损失惨重，差点被前来增援的伊斯兰军队包围消灭。在安条克休整了一段时间，处理内部纠纷并寻找补给后，收复圣地的核心目标——耶路撒冷——再次成为焦点。1099年5月底，这支历尽磨难、人数已经远少于出发时的十字军主力部队（据估计约1.2万至1.4万人左右，其中骑兵约1000-1500名），在南下巴勒斯坦途中又攻占了一些沿海城市，最终在1099年6月7日这一天，兵临耶路撒冷城下。此时的耶路撒冷，统治者已非塞尔柱突厥人，而是来自埃及的什叶派穆斯林王朝——法蒂玛王朝。他们在十字军到达前几个月刚刚从塞尔柱人手中夺回了该城。法蒂玛王朝的总督阿尔-阿达在得知十字军逼近后，下令立即加固城防，并进行了战争准备：他命人驱除了城内的所有基督徒（包括本地基督徒），在城外许多水井投毒（破坏水源），并将大量牲畜赶入城内储备，同时清理城墙四周区域，使攻城方难以找到掩护。当十字军战士们在1099年6月7日望见耶路撒冷的城墙和城中的圣地——圣墓教堂的圆顶时，他们欣喜若狂，流下了激动的泪水。长久以来的目标就在眼前！宗教热情再次被点燃到顶点。士兵们高呼“上帝的旨意！” （Deus Vult!），许多人扑倒在地，亲吻这片他们心目中的“应许之地”。然而，他们眼前的耶路撒冷，是一座防御坚固的城市。法蒂玛王朝的军队守卫严密，做好了长期坚守的准备。十字军面临着严峻的挑战：首先，他们本身人数有限，尤其是能用于攻城的重装骑士数量稀少，主要力量是步兵。其次，经过长途跋涉和安条克的血战，军队疲惫不堪，补给（尤其是食物和水）严重短缺。耶路撒冷周边夏季炎热干燥，水源更是稀缺，十字军到达后很快就发现水井被投毒或被污染，饮用水匮乏成为巨大威胁。同时，他们缺乏有效的攻城器械去对付高大坚固的石墙。因此，1099年6月7日这一天，虽然十字军完成了对耶路撒冷的初步合围，标志着围攻的开始，但他们此刻的主要任务并非立刻发动总攻，而是必须做两件紧迫的事情：1. 寻找和解决水源： 他们很快组织探险队寻找未被污染的水源。幸运地，他们在耶路撒冷南方的伯利恒附近找到了尚可饮用的水塘，但这距离较远，取水困难且危险。2. 准备攻城武器： 这是攻坚战成功的关键。十字军将领们知道，缺乏攻城梯、攻城塔和破城槌，他们不可能攻破这座坚城。然而，耶路撒冷周边严重缺乏树木资源，难以就地取材建造大型攻城器械。寻找木料成为当务之急。接下来的日子，十字军在艰难的条件下进行围城准备。他们派出多支分队在周边较远的地区搜索木材，最终在距离较远的萨玛利亚山地找到了可用树木。他们砍伐树木，并在当地基督徒工匠（主要是拜占庭工匠）的指导下，开始夜以继日地建造大型攻城器械。主要的攻城器械包括两种：一种是巨大的攻城塔楼（Mangonels and Siege Towers），用木材搭建多层结构，外面覆盖生牛皮或兽皮以防火（防御守军的火攻），内部可容纳众多士兵。这种塔楼造好后需要被推到城墙边，让塔内的士兵可以直接跳到城墙上与守军近身搏斗。另一种是巨大的投石机（Trebuchets），可以抛射巨石攻击城墙或城内目标，破坏防御和杀伤人员。建造这些庞然大物需要大量木材和时间。总攻的时刻终于到来。1099年7月13日深夜至14日凌晨，十字军开始将建造好的巨大攻城塔推近城墙。7月14日凌晨（也有记载为7月13日夜），主力部队在南北两个方向发动了总攻。战况极其惨烈。攻城的士兵顶着如雨般落下的箭矢和滚石、燃烧物，拼死将塔楼推近城墙。巨大的塔楼靠上城墙后，士兵们通过塔内楼梯冲上城墙，与守军展开惊心动魄的肉搏战。攻城塔的牛皮外层被守军点燃，火焰熊熊，许多攻城士兵被烧死或坠落阵亡。在南面的主攻方向（由布永的戈弗雷和图卢兹的雷蒙德的军队负责），战斗尤为激烈。经过一番惨烈的厮杀，7月15日清晨，戈弗雷军队的攻城塔终于成功搭上城墙一角（据说是今天圣斯蒂芬门附近区域），戈弗雷麾下的士兵从塔中涌出，冲上城墙并建立了一个桥头堡。越来越多的十字军士兵通过云
2025-06-0618 minMoneyRx for CRNAs and NPsFinding Freedom Through 1099 Work with Alesia Quante (Originally Aired 6/12/24)This episode is a re-release of host Brett Fellows’ inspiring interview with Alicia Quinte, CRNA and founder of the 1099 Success Academy. Originally aired in 2024, this episode delves into Alicia’s journey from a W-2 employee to a flourishing 1099 freelancer while living an adventurous life aboard a sailboat. [02:46] Alicia's Journey to 1099 Work[06:00] Navigating the Transition from W-2 to 1099[10:28] Building and Growing the 1099 Success Academy[21:59] Expanding Opportunities for CRNAs[24:13] Benefits of 1099 for CRNAs[32:44] Financial Planning Strategies for CRNAsFor more information and resources related to this episode, pleas...
2025-05-1445 min
Putting the AP in hAPpyEpisode 337: April 2025 Changes to the 1099-MISC and 1099-NECOf course – the IRS has updated the 1099-MISC and 1099-NEC again effective for reporting Tax Year 2025 payments to your vendors. It’s not that bad though….Keep listening. Check out my website www.debrarrichardson.com if you need help implementing authentication techniques, internal controls, and best practices to prevent fraudulent payments, regulatory fines or bad vendor data. Check out the Vendor Process Training Center for 116+ hours of weekly live and on-demand training for the Vendor team. Links mentioned in the podcast + other helpful resources: Training: From an Accounts Payable Persp...
2025-05-0816 min
Financially Confident ChristianWhy did I get this 1099? What it means and how to avoid costly mistakesEver gotten a 1099 form and felt your heart drop faster than a lead balloon? You’re definitely not alone! Today, we’re diving into the wild world of 1099 forms—what they mean, why you got them, and how to tackle them without losing your mind. Understanding these forms is crucial for keeping your taxes in check and avoiding those pesky penalties. So, whether you’re a freelancer drowning in paperwork or just trying to figure out what the IRS is up to, stick around! We’re here to make this tax stuff a whole lot clearer, and maybe even a bit fun...
2025-02-1739 minDr. Friday Tax Tips1099 Filing Requirements: Stay IRS CompliantThe 1099 filing deadline has passed—did you file yours? Businesses must issue 1099-NEC, 1099-MISC, and 1099-INT forms for payments over $600. However, corporations with “Inc.” in their name are exempt. Ensure compliance to avoid IRS penalties. Need help? Call Dr. Friday!
Transcript:
G’day, I’m Dr. Friday, president of Dr. Friday’s Tax and Financial Firm. To get more info, go to www.drfriday.com. This is a one-minute moment.
The 1099 filing deadline has passed! Make sure you’ve sent out all required forms, including 1099-NEC, 1099-MISC, and 1099-INT. Businesses must issue 1099s for any paymen...
2025-02-0400 minDr. Friday Tax & Financial Firm, Inc.1099 Filing Requirements: Stay IRS CompliantThe 1099 filing deadline has passed—did you file yours? Businesses must issue 1099-NEC, 1099-MISC, and 1099-INT forms for payments over $600. However, corporations with “Inc.” in their name are exempt. Ensure compliance to avoid IRS penalties. Need help? Call Dr. Friday!
Transcript:
G’day, I’m Dr. Friday, president of Dr. Friday’s Tax and Financial Firm. To get more info, go to www.drfriday.com. This is a one-minute moment.
The 1099 filing deadline has passed! Make sure you’ve sent out all required forms, including 1099-NEC, 1099-MISC, and 1099-INT. Businesses must issue 1099s for any paymen...
2025-02-0400 minDr. Friday Tax & Financial Firm, Inc.1099 Filing Requirements: Stay IRS CompliantThe 1099 filing deadline has passed—did you file yours? Businesses must issue 1099-NEC, 1099-MISC, and 1099-INT forms for payments over $600. However, corporations with “Inc.” in their name are exempt. Ensure compliance to avoid IRS penalties. Need help? Call Dr. Friday!
Transcript:
G’day, I’m Dr. Friday, president of Dr. Friday’s Tax and Financial Firm. To get more info, go to www.drfriday.com. This is a one-minute moment.
The 1099 filing deadline has passed! Make sure you’ve sent out all required forms, including 1099-NEC, 1099-MISC, and 1099-INT. Businesses must issue 1099s for any paymen...
2025-02-0400 min
Unofficial QuickBooks Accountants PodcastDeep Dive: 1099 WizardDan DeLong joins Alicia to explore QuickBooks Online's enhanced 1099 preparation tools, including the new automated "Let QuickBooks Prep for Me" wizard launching in 2025. They break down the critical components of 1099 compliance, discuss pricing changes, and share valuable tips for both manual and automated filing methods. SponsorsBluevine - https://uqb.promo/bluevine Settle - https://uqb.promo/settleTeamUp - https://uqb.promo/teamup(00:00) - Welcome to The Unofficial QuickBooks Accountants Podcast
(00:43) - Dan DeLong's Background and Experience
(03:12) - The Importance of 1099s
(04:58) - Complexities of 1099 Forms
(09:22) - Gathering Recipient...
2025-01-231h 07
Student Loan Planner1099 by Day, W2 by Law: When Your Boss and the State DisagreeWhat's the real difference between being a 1099 contractor and a W2 employee? And who actually decides which one you are — your employer or state law? Financial planner Kathleen Boyd, CFP®, CSLP®, CBDA, joins us to unpack the distinctions between these classifications and what they mean for your career, finances, and legal obligations. You'll learn the IRS guidelines that determine your status, the pros and cons of each, and how being 1099 or W-2 impacts your retirement savings, tax planning, and benefits like Social Security and Medicare. Plus, we'll discuss unique situations like earning both W-2 and 1099 income from locum tenens work...
2025-01-1037 min
Legally Legit® Podcast189. The 1099 Breakdown: MISC, K, and NEC Forms Explained for EntrepreneursIf you work with independent contractors, this episode is a must-listen. With 1099 forms due on January 31st, it’s crucial to understand the differences between 1099-MISC, 1099-NEC, and 1099-K, so you can avoid any costly mistakes or trouble with the IRS.I’m joined by Brittney Suttle, a CPA and founder of Knies & Co., a virtual CPA firm. Brittney breaks down everything you need to know about preparing and filing your 1099s, including who needs to receive one, how the updated tax laws affect you, and what to do if there are mistakes.What You’...
2025-01-0751 minQB Power Hour PodcastI Got 1099 Problems But a Workflow Ain't OneNancy McClelland and Rich Kane join us to chat about ways to make 1099s a part of your monthly client services using Keeper.QB Power Hour is a free, biweekly webinar series for accountants, ProAdvisors, CPAs, bookkeepers and QuickBooks consultants presented by Michelle Long, CPA and Dan DeLong who are very passionate about the industry, QuickBooks and apps that integrate with QuickBooks.Watch or listen to all of the QB Power Hours at https://www.qbpowerhour.com/blogRegister for upcoming webinars at https://www.qbpowerhour.com/00:00 Introduction and CPE Credit...
2025-01-071h 06
Accountants Law Pod1099 Essentials with Jeff CroninA haunted house, but it's your office during 1099 season.
We know Halloween is past, and we don't want to scare you... but 1099 season is right around the corner! So we are bringing back some of our favorite episodes on 1099's and W9's with Jeffrey Cronin.
Jeffrey Cronin, Chief Strategy Officer at Zenwork, is back to dive into 1099's
Zenwork: https://www.zenwork.com/
CPA Transformation Podcast https://www.tax1099.com/podcast/cpatransformation/
00:42 Meet Jeffrey Cronin: Background and Expertise
01:41 Diving into 1099s: Common Issues and Sol...
2024-11-0753 min
Putting the AP in hAPpyEpisode 313: When Corporations Are Reportable on 1099-MISC and 1099-NECYes, payments to corporations may be reportable. In this episode we’ll talk about which 1099-MISC and 1099-NEC payments are reportable and which of those forms they should be reported. Keep listening. Check out my website www.debrarrichardson.com if you need help implementing authentication techniques, internal controls, and best practices to prevent fraudulent payments, regulatory fines or bad vendor data. Check out my new Vendor Process Training Center for 116+ hours of weekly live and on-demand training for the Vendor team. Links mentioned in the podcast + other helpful resources:
2024-10-3112 min
Beyond The Mask: Innovation & Opportunities For CRNAsTax Strategies & Health Insurance Options for the 1099 CRNA – NCANA Session 3As a CRNA, transitioning to 1099 work can be a game-changer for your career and financial future. Sharon made this move in recent years and is sharing the experience in a series along with Jeremy’s insight on the financial side of the transition. This three-part discussion is aimed to help educate other CRNAs who are considering the move to 1099, and today’s episode will be a bit more detailed with a focus on the tax concepts and strategies you need to know about.
Here’s some of what we discuss in this episode:
The three m...
2024-10-0358 minSmall Business Tax Savings PodcastThe TRUTH about 1099 Reporting for Business OwnersDo you know the different types of 1099 forms your business may need to file?In this episode, host Mike Jesowshek is joined by Christina Wright from Tax Bandits to discuss everything business owners need to know about 1099 forms. The conversation covers different types of 1099s, when they need to be filed, and who is required to receive them. Christina provides insights into the importance of collecting W-9 forms, staying organized with vendor payments, and filing 1099s accurately and on time. They also address changes in 1099-K requirements, discuss the new 1099-DA for reporting digital...
2024-10-0227 minBeyond The Mask: Innovation & Opportunities For CRNAsEverything You Need to Do When You Become a 1099 CRNA – NCANA Session 2More and more CRNAs are making the decision to move from a W-2 employee to a 1099 CRNA. Sharon made this move in recent years and is sharing this experience on the podcast to help educate other CRNAs who are weighing the pros and cons. Once you’ve made the decision to go 1099, how do you make sure you’re doing everything right?
Today is part two of a three-part session and we’re answering that question to make sure you’re prepared to be a 1099 CRNA. Join us as we provide a comprehensive roadmap to help you navigate...
2024-09-1253 minBeyond The Mask: Innovation & Opportunities For CRNAsDoes It Make Sense for CRNAs to Go 1099? – NCANA Session 1As healthcare continues to evolve, CRNAs find themselves in a unique position – should they stick to the traditional W-2 employment model or transition to a 1099 independent contractor status? This is a trend that we’ve been monitoring for a few years now, and Jeremy was able to convince Sharon to make the transition to 1099. Now we want to share the experience with you and let you know what Sharon has learned since making the change.
This is part one of a three-part session and we’re beginning with the big question in the CRNA industry: Does it make s...
2024-08-2244 min
Talking Pools PodcastRudy Talks 1099 vs W2 Pool Service TechniciansPool Pros text questions hereI'm a Pool Guy, Dammit! I'm not a Labor Law Attorney...The conversation discusses whether employees should be classified as W-2 employees or 1099 contractors. The Department of Labor has introduced a new final rule that outlines the criteria for determining worker classification. The rule focuses on factors such as the nature and degree of control over the work, the worker's opportunity for profit or loss, the skill required for the work, the permanence of the work relationship, and whether the work is part of an integrated unit of production. The conversation explores...
2024-08-0233 min
Daily Mortgage Rates LIVE with The Mortgage CalculatorDaily Mortgage Rates LIVE - 07/02/2024 - 1099 LoansIn this episode of Daily Mortgage Rates Live, we delve into the specifics of 1099 loans, a unique lending solution tailored for independent contractors and self-employed individuals. Our expert hosts will guide you through the intricacies of 1099 loans, explaining how they cater to those with non-traditional income sources. Learn about the qualification process, documentation requirements, and the benefits of choosing a 1099 loan for your mortgage needs. Whether you're a freelancer, gig worker, or run your own business, this episode is essential listening to understand how 1099 loans can help you achieve your homeownership goals. Tune...
2024-07-0215 min
Money Files: Money Mindset & Personal Finance124 | Paycheck Series: How to Manage Your Paycheck as a 1099 ContractorNavigating your pay stub as a freelancer or 1099 contractor can feel daunting especially when you’re responsible for paying your own taxes or navigating fluctuations in pay.Today, I discuss paycheck management strategies for people who work as freelancers or 1099 contractors as a primary source of income.
From tax-saving strategies to creating a PTO system for yourself, I guide you through essential steps to manage your money effectively as a 1099 contractor. Whether you are new to freelancing or a seasoned contractor, this episode offers valuable insights to optimize your paychecks, prepare for the future, and...
2024-05-2116 min
Daily Mortgage Rates LIVE with The Mortgage CalculatorDaily Mortgage Rates LIVE - 05/02/2024 - 1099 LoansWelcome to "Daily Mortgage Rates Live"! In this episode, we're unraveling the complexities of 1099 loans, providing essential guidance for self-employed individuals seeking to purchase a home. Join us as we explore the unique challenges and opportunities associated with securing financing through 1099 loans, offering valuable insights to empower aspiring homeowners in the gig economy.Are you a freelancer, independent contractor, or gig worker navigating the homebuying process? Traditional mortgages may pose hurdles due to fluctuating income and non-standard employment arrangements. That's where 1099 loans come into play, offering a tailored solution for self-employed individuals.Our hosts will...
2024-05-0217 min
Loan Officer Training with The Mortgage CalculatorLoan Officer Training 02/13/2024 - How to Structure a 1099 LoanWelcome to another enlightening episode of "Loan Officer Training." In this installment, titled "How to Structure a 1099 Loan," we delve into the intricacies of structuring loans for individuals who are self-employed and receive income via Form 1099.Hosted by industry experts with extensive experience in mortgage lending, this episode is designed to equip loan officers with the knowledge and strategies necessary to effectively navigate the unique challenges presented by 1099 income. From understanding the documentation requirements to assessing income stability and determining loan eligibility, we cover all the essential aspects of structuring loans for self-employed borrowers.Join...
2024-02-1427 min
Purposeful Profit25. Understanding 1099 Rules - Are You Issuing 1099s Correctly?In this week's episode of Purposeful Profit, I'm clearing up the confusion I see among small business owners around the requirements for 1099 reporting. And this confusion is leading to 1099's being issued for incorrect amounts, to people who should not receive one, not being issue to those who should get one.Tune into this week's episode and get the 1099 rules broken down for you in simple terms. You'll learn:➡️ Who you should be issuing 1099’s to and who you shouldn’t➡️ How to ensure you are applying the rules correctly➡️ What t...
2024-02-0820 min
Know Your Worth15: How to Best Set Up 1099 ContractorsAs the business owner, it’s your responsibility to set up 1099 contractors properly and issue them the 1099s on time. A 1099 contractor is anyone you have paid $600 or more, cumulatively, for that year. Sydney shares with us everything to know about 1099 contractors so you can onboard them properly, track what you’re paying them and issue the 1099s on time. In this episode, you’ll learn: 01:52 — What is a 1099 contractor?03:58 — Avoid this IRS red flag that can lead to an audit 07:13 — How business owners determine whether...
2024-01-0924 min
The FaaS Evolution by GrowthLab FaaSStreamlining 1099 Season: How GrowthLab Navigates with IgnitionWelcome to The FaaS Evolution hosted by GrowthLab FaaS. This podcast is focused on how Finance-as-a-Service is transforming the accounting industry.
The GrowthLab team was able to draft ~200 tax EAs in about 1.5 hours and was able to draft ~220 1099 EAs in about 15 minutes. Compared to last year, the tax EAs took about 1/3 of the time and the 1099 EAs took about 1/4 of the time.
Topics mentioned in this episode:
Understanding the 1099 Season
Utilizing Ignition for Bulk Proposal Sending
Best Practices and Tips for 1099 Season
Check out Ignitions 1099 EA...
2023-12-1946 min
That Money Lady PodcastEp 6 - The 411 on 1099-K: Don't Fear the Tax FormsPodcast Summary:In this episode, we dig into 1099s - specifically 1099-Ks that business owners receive from payment processors - to bring clarity to this often confusing tax form.Outlining the recent changes requiring payment processors to send 1099-Ks for over $600 in gross sales, which has now been pushed back to 2024 with a temporary $5,000 threshold. Several states do still enforce a $600 threshold however.I emphasize that while 1099-Ks can feel scary, they are mostly intended as an accountability mechanism to ensure income gets properly reported. As long as your record-keeping is thorough, a...
2023-12-0421 min
Loan Officer Training with The Mortgage CalculatorLoan Officer Training 8/02/23: Structuring 1099 Borrower LoansWelcome to another informative episode of "Loan Officer Training." In this installment, we delve into the critical topic of "Structuring 1099 Borrower Loans." As seasoned loan officers and aspiring professionals, understanding the intricacies of these loans is paramount to effectively serving our clients and ensuring their financial success.Join our expert hosts as they demystify the nuances of dealing with borrowers who operate on a 1099 basis. This episode will provide valuable insights into the unique challenges faced by these individuals and the best practices for structuring loans that suit their specific needs.Throughout the episode, our...
2023-08-0329 min
Daily Mortgage Rates LIVE with The Mortgage CalculatorLoan Officer Training 8/02/23: Structuring 1099 Borrower LoansWelcome to another informative episode of "Loan Officer Training." In this installment, we delve into the critical topic of "Structuring 1099 Borrower Loans." As seasoned loan officers and aspiring professionals, understanding the intricacies of these loans is paramount to effectively serving our clients and ensuring their financial success.Join our expert hosts as they demystify the nuances of dealing with borrowers who operate on a 1099 basis. This episode will provide valuable insights into the unique challenges faced by these individuals and the best practices for structuring loans that suit their specific needs.Throughout the episode, our...
2023-08-0329 min
Loan Officer Training with The Mortgage CalculatorLoan Officer Training 8/01/23: Qualifying Borrowers with a 1099Are you a loan officer looking to enhance your skills and navigate the intricacies of qualifying borrowers with a 1099 income? Look no further! In this enlightening episode of "Loan Officer Training," we delve deep into the world of 1099 income and its implications on the lending process.Join us as we invite industry experts and seasoned loan officers to share their valuable insights and strategies on effectively qualifying borrowers who earn income through 1099 forms. With the growing number of self-employed individuals and freelancers in today's workforce, understanding how to evaluate their financial stability becomes crucial in providing tailored...
2023-08-0231 min
Daily Mortgage Rates LIVE with The Mortgage CalculatorLoan Officer Training 8/01/23: Qualifying Borrowers with a 1099Are you a loan officer looking to enhance your skills and navigate the intricacies of qualifying borrowers with a 1099 income? Look no further! In this enlightening episode of "Loan Officer Training," we delve deep into the world of 1099 income and its implications on the lending process.Join us as we invite industry experts and seasoned loan officers to share their valuable insights and strategies on effectively qualifying borrowers who earn income through 1099 forms. With the growing number of self-employed individuals and freelancers in today's workforce, understanding how to evaluate their financial stability becomes crucial in providing tailored...
2023-08-0231 min
Daily Mortgage Rates LIVE with The Mortgage CalculatorDaily Mortgage Rates LIVE - 8/01/23 - 1099 LoansWelcome to "Daily Mortgage Rates Live," the podcast that keeps you up-to-date with the latest trends and insights in the ever-changing world of mortgages. In this episode, we dive into a topic that's been garnering increasing attention: "1099 Loans."If you're a self-employed individual or an independent contractor, navigating the mortgage application process can be a daunting task. Traditional mortgages typically require W-2 forms to verify income, but for those whose income is reported on a 1099 form, securing a loan can seem more complex.Join us as we unpack the intricacies of 1099 loans with our expert...
2023-08-0122 min
Today's Tax Talk with Attorney Steven LeahyNew IRS Guidance 1099-K -Thursday March 23, 2023 – On this show, I have spoken openly about the new 1099-k information reporting rules for Third party settlement organizations – I think they stink. Recently, the IRS updated their “frequently asked questions about Form 1099-K. We all remember the empty promises made by supporters of this expansion. “This really doesn’t change anything, as these transactions are already taxable.” And “Only payments for goods and services will be effected.”
Now we know, and the IRS has acknowledged, that almost all transactions involving third-party settlement organizations will come under scrutiny and require “Accounting” to explain close to eve...
2023-03-2420 min
The ChurchBiz PodcastEpisode 5 - 1099 Deep Dive: Everything Church Leaders Need to KnowIn this episode, Chris Mallonee leads us through an in-depth discussion on 1099s. We talk about everything from why churches need to file 1099s to what to do if you failed by this year's January 31st deadline.
What is a 1099 and how are they relevant for churches? - 3:28
What are the different types of 1099 forms? - 5:14
What is the difference between a W2 employee and a 1099 contractor? - 6:40
Real-life scenarios: 1099 Contractor or W2 employee? - 10:47
Why would a church want to pay someone as a 1099 contractor rather than a W2 employee? - 15:05
Do payments to mission organizations or...
2023-03-1455 min
Bette Hochberger, CPA, CGMADon't Expect Form 1099-K From Venmo!Hi, I'm Bette Hochberger, CPA, CGMA, and I will discuss the news we've all been raving about today! So, it looks like the IRS announced that there would be a delay in implementing the $600 reporting threshold for third-party payment platforms' Form 1099-K. I'm sure you're wondering, "What is a 1099-k form, and what are third-party payment platforms?"
Third-party payment platforms include: Venmo eBay Paypal Cash App Zelle And more What is Form 1099-K?
This form is an IRS information reporting form. It contains information, for your taxes, about the gross number of payment transactions that you...
2023-03-0204 min
PA the FI Way102 | How to Switch From a W2 Job to a 1099 JobBoth W2 and 1099 jobs have pros and cons as reviewed back in episode 099. But what are all of the steps involved once you decide that you want to work as an independent contractor in a 1099 position as a PA or other medical healthcare provider? Since you're functioning as both the employee and the employer in a 1099 role while contracting with another company, there are many things that need to be set up behind the scenes.
In this episode, my friend and colleague Kristen joins me to discuss various steps like finding a supervising physician to collaborate with...
2023-01-271h 23
Perfectly Profitable Stylist Podcast#06 I Got 99 Problems But a 1099 Ain't OneNot sure what a 1099 is?Do you need to give a 1099? Or should you be receiving a 1099?In this episode we cover everything you need to know about who your beauty business should issue a 1099 to.Need some extra help? Download this 1099 decision tree to help you figure out if you need to issue a 1099.For more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.
2023-01-1710 min
Keep What You EarnDo I Need to Send a 1099?Questions about 1099s? We're doing a deep dive this week! We're kicking it off by answering the basics. Who needs to send a 1099? Who needs to receive a 1099? We'll be focusing on the 1099-NEC, used for non-employee compensation. There's a three-step process we can use to determine if we need to send a 1099-NEC to a contractor or service paid for through your business. First, did you pay them more than $600 cumulatively over the course of the year? If not, you don't need to send a 1099. If you did pay them mo...
2023-01-0910 minKeep What You EarnDo I Need to Send a 1099?Questions about 1099s? We're doing a deep dive this week! We're kicking it off by answering the basics. Who needs to send a 1099? Who needs to receive a 1099? We'll be focusing on the 1099-NEC, used for non-employee compensation. There's a three-step process we can use to determine if we need to send a 1099-NEC to a contractor or service paid for through your business. First, did you pay them more than $600 cumulatively over the course of the year? If not, you don't need to send a 1099. If you did pay them mo...
2023-01-0910 minKeep What You EarnDo I Need to Send a 1099?Questions about 1099s? We're doing a deep dive this week! We're kicking it off by answering the basics. Who needs to send a 1099? Who needs to receive a 1099? We'll be focusing on the 1099-NEC, used for non-employee compensation. There's a three-step process we can use to determine if we need to send a 1099-NEC to a contractor or service paid for through your business. First, did you pay them more than $600 cumulatively over the course of the year? If not, you don't need to send a 1099. If you did pay them mo...
2023-01-0910 min
Contractor Success ForumThe new 1099 tax rule contractors should knowSend us a textIf you use Cash App, Venmo or any similar app to send or receive payments, you need to know about the new IRS rule regarding these apps and 1099-K forms. Wade and the panel get you up to speed on when the form is used, how to handle personal transactions, and what penalties you could face if you don't report these transactions.HEADS UP! Two days after we recorded this episode, the IRS announced they would be postponing enforcement of the expanded 1099-K rule. This means that third-party payers aren't responsible...
2023-01-0320 min
Today's Tax Talk with Attorney Steven LeahyWhat is a 1099-K Used For? - Thursday December 29, 2022 - There is much confusion about the 1099-K, no thanks to the IRS changing the reporting threshold rules – after the reporting threshold rules weThursday December 29, 2022 - There is much confusion about the 1099-K, no thanks to the IRS changing the reporting threshold rules – after the reporting threshold rules were changed by the American Rescue Plan in 2021. You may ask “what is 1099-K form used for?”
In short, 1099-Ks are sent to merchants, financial institutions, and other businesses that accept payments from customers through credit cards, debit cards, PayPal or other online payment systems to report gross transactions to the Internal Revenue Service (IRS).
Information Returns
1099-K is a versi...
2022-12-3024 min
Today's Tax Talk with Attorney Steven Leahy1099-K Rule Delayed: What You Need To Know - The Internal Revenue Service (IRS) recently announced that it is delaying the implementation of 1099-K reporting requirements until January 2023.Wednesday December 28, 2022 - The Internal Revenue Service (IRS) recently announced that it is delaying the implementation of 1099-K reporting requirements until January 2023. This delay affects businesses and individuals who receive payments from financial organizations and other third parties through electronic payment channels such as PayPal, Venmo, Square, Apple Pay or Google Wallet.
The delay provides financial organizations and their customers with a valuable reprieve from the compliance and administrative costs associated with the new requirements. More importantly, the IRS doesn’t have the capabilities to process the huge increase in information returns. In 2020 the IRS...
2022-12-2922 min
Tax Section OdysseyTax potpourri — Form 1099-K, Schedules K-2/K-3 and tax legislationThe end of the year is upon us. While the hustle and bustle of the holidays and winter hibernation sets in, April Walker, CPA, CGMA, Lead Manager — Tax Practice & Ethics, AICPA & CIMA, fills you in on some quick updates about a few trending tax topics to keep you in the know, including Schedules K-2 and K-3, Form 1099-K, Payment Card and Third-Party Network Transactions and tax legislation developments What you'll learn in this episode Second draft of Form 1065 Schedules K-2 and K-3 instructions revise domestic filing exception (0.34) Continued concerns regarding the revised reporting threshold for Form 1099-K...
2022-12-2212 minTax Section OdysseyTax potpourri — Form 1099-K, Schedules K-2/K-3 and tax legislationThe end of the year is upon us. While the hustle and bustle of the holidays and winter hibernation sets in, April Walker, CPA, CGMA, Lead Manager — Tax Practice & Ethics, AICPA & CIMA, fills you in on some quick updates about a few trending tax topics to keep you in the know, including Schedules K-2 and K-3, Form 1099-K, Payment Card and Third-Party Network Transactions and tax legislation developments What you'll learn in this episode Second draft of Form 1065 Schedules K-2 and K-3 instructions revise domestic filing exception (0.34) Continued concerns regarding the revised reporting threshold for Form 1099-K...
2022-12-2212 min