Welcome to the 1099FIRE Blog: E-Filing News & Resources
Our blog covers IRS updates, 1099-NEC/MISC rules, IRIS vs FIRE, TIN matching, state rules, and software tips.
How to Complete IRS Form 1099-PATR (Patronage Dividends Reporting)
What Is IRS Form 1099-PATR? IRS Form 1099-PATR (Taxable Distributions Received from Cooperatives) is used
How to Complete IRS Form 1096 (Annual Summary and Transmittal)
What Is IRS Form 1096? IRS Form 1096 is a summary transmittal form that accompanies
How to Complete California Form 592 (Withholding Statement)
What Is California Form 592? California Form 592 is used by withholding agents to report
How to Complete IRS Form 1097-BTC (Bond Tax Credit Reporting)
What Is IRS Form 1097-BTC? IRS Form 1097-BTC is used by issuers of certain tax
How to Complete IRS Form 1098-C (Vehicle, Boat, and Airplane Donations)
What Is IRS Form 1098-C? IRS Form 1098-C is used to report contributions of motor
How to Complete IRS Form 1099-DIV (Dividends and Distributions)
What Is IRS Form 1099-DIV? IRS Form 1099-DIV is used to report dividends, capital gains
How to Complete IRS Form 1099-INT (Interest Income Reporting Guide)
What Is IRS Form 1099-INT? IRS Form 1099-INT is used to report interest income paid
How to Complete IRS Form 1099-S (Real Estate Transaction Reporting)
What Is IRS Form 1099-S? IRS Form 1099-S is used to report gross proceeds from
How to complete IRS Form 3921
IRS Form 3921 is a tax form used to report the exercise of an Incentive
How to Complete IRS Form 3922 (Employee Stock Purchase Plan Reporting)
What Is IRS Form 3922? IRS Form 3922 is used to report the Transfer of
How to complete IRS Form W-2G
IRS Form W-2G is used to report certain gambling winnings. IRS Form W-2G starts with:
Step-by-Step Instructions to Set Up an Account with the California Franchise Tax Board (FTB)
Setting up an account with the Franchise Tax Board (FTB) in California allows you to
The Common-Law Rules That Determine Employee Classification
The IRS uses common-law rules to help businesses decide whether a worker should be classified
What is Form 8027 and Who Needs to Submit One?
Form 8027, Employer’s Annual Information Return of Tip Income and Allocated Tips, is a form
How to Complete IRS Form 1098-E (Student Loan Interest Statement)
Financial institutions, government agencies, and educational lenders use IRS Form 1098-E to report student loan
How to Complete IRS Form 1099-C (Step-by-Step Instructions)
IRS Form 1099-C is used to report Cancellation of Debt (COD). Lenders file this form
What to Do if Your Employer Hasn’t Sent You a 1099 Form
Most 1099 forms (such as 1099-INT, 1099-MISC, 1099-B, and 1099-S) must be sent to recipients
IRS Form W-2G gambling winnings
Form W-2G is used to report gambling winnings. W-2G is different from Forms 1098 and
Rules for Paper filing 1099 IRS Forms
Filing 1099 forms on paper is still allowed by the IRS, especially if you only
When to Apply Backup Withholding
In the United States, backup withholding is a mandatory 28% tax withholding applied by payers
Amy’s Baking Company, Tips and Tip Income : Can an employer legally take or share service tips from an employee?
Can an employer legally take or share service tips from an employee?
Why are 1099 Forms important?
Failing to file 1099 information returns can lead to IRS penalties, audits, and fines. Many
Independent Contractor vs. Employee: Real-World Scenarios
Independent contractors have several differences in the way that they should conduct business with an
Employee vs. Contractor: Key Differences Employers Must Know
Knowing the difference between an employee and an independent contractor is critical for both tax
Independent Contractor and Employee Scenarios
The IRS uses a 20 factor common-law test to determine whether a worker is an
How LLCs Use 1099 Forms
ependent contractors are commonly hired by LLCs due to long term cost savings and less
What to Do If You Receive a CP 2000 Notice from the IRS
A CP 2000 notice is issued by the IRS when they believe a federal income
IRS FIRE Password Reset | Forgot Your Login?
If you need an IRS FIRE password reset, there are two simple ways to recover
Form 1098-T Tax Credit: What Students and Parents Need to Know
Form 1098-T is an IRS information return that colleges and universities issue to students. It
About IRS Form 1098-E and Student Loan Interest Deduction
Form 1098-E reports student loan interest paid during the year. If you paid interest on
Tips for Taxpayers Making a Move
Moving to a new home can be stressful—but understanding your tax obligations doesn’t have to
Tips for Recently Married or Divorced Taxpayers
If your marital status has recently changed, being proactive about your taxes can help you
Pros and Cons of Hiring an Independent Contractor
There are some great benefits to hiring an independent contractor but these types of workers
Pros and Cons of Hiring an Employee
This article will go into detail on some of the advantages and disadvantages of hiring
What is Form 1042-S and Who Needs to Submit One?
IRS Form 1042-S is an annual information return for any monetary amounts given to a
How to Get IRS Red-Ink Forms Free (1099, W-2, 1096, 5498)
If you are filing information returns by paper, the red-ink IRS forms are absolutely free.
The Difference Between Contractors and Employees
Before they file their taxes, it is critical that employers and workers have determined whether