The New Form 1099-NEC and the Revised 1099-MISC are Due to Recipients Soon

January 26th, 2021|Categories: Accounting, Burns Firm, Business, C Corporation, IRS, IRS Forms, Partnership, Tax Planning, Tax Preparation, Tax Return|Tags: , , , , , , , , , , , , , , , |

There’s a new IRS form for business taxpayers that pay or receive certain types of nonemployee compensation and it must be furnished to most recipients by February 1, 2021. After sending [...]