Why would an Orchestra file Form 1042-S?
An orchestra must file Form 1042-S when it pays U.S.-source income to nonresident aliens. These can include performers, conductors, guest […]
March 18, 2025
How to Correct a Mistake on Form 592
If you discover an error on California Form 592, you must file a corrected form to stay compliant with the
How the IRS Matches 1099 Forms to Individual Tax Returns
RS 1099 matching is the process the IRS uses to compare 1099 forms against the information reported on individual tax
How to File 1099 Forms for Non-US Residents
When working with non-US residents or foreign contractors, businesses often wonder whether they need to issue Form 1099-NEC. The general
How the 1099 Reporting Process Has Evolved Over the Last Decade
The 1099 reporting process has transformed over the past ten years. Technology, IRS policy changes, and the growth of digital
1099 Forms for Deceased Individuals: What Executors Need to Know
Handling tax matters for a deceased individual can be complex, and 1099 forms are often part of the process. Executors
The Future of 1099 Forms: Will Digital Tax Reporting Replace Paper Forms?
As tax compliance evolves, the move from paper-based filing to digital reporting is accelerating. The IRS is tightening e-filing requirements,
What is blockchain?
Blockchain is a decentralized digital ledger that records transactions securely, transparently, and permanently across multiple computers. Unlike traditional databases, which
Cryptocurrency & 1099s: Tax Reporting for Digital Assets
Cryptocurrency transactions are now under close IRS scrutiny. With the introduction of IRS Form 1099-DA, reporting rules for digital assets
Do Influencers and Content Creators Need to File 1099 Forms?
If you’re an influencer, content creator, or digital entrepreneur, you may be required to file 1099 forms for influencers and