IRS Re-Introduces 1099-NEC
Posted by
Alan Pogroszewski
January 14th, 2021
No Comments
Starting in the 2020 tax season, the IRS is bringing back a form to report nonemployment compensation that hasn’t been utilized for 38 years. Although it will have no impact on the preparation of your tax return or tax liability, it is important to properly handle the reporting of the income to avoid future penalties […]
