2020 was an eventful year when it came to IRA required minimum distributions (RMDs), especially for those who took their RMDs before the March 2020 suspension was enacted. Then came rollover relief.

The following information is from the Louisiana Workforce Commission: BATON ROUGE, La. - The Louisiana Workforce Commission (LWC) has begun the process of mailing 698,000 1099-G forms to individuals ...

CHICAGO (WLS) -- The Illinois Department of Employment Security said it has caught or stopped nearly 1 million fraud cases since March 2020. Now they're warning that if you receive a 1099-G form but ...

To prevent confusion, the IRS notified lenders on Tuesday that they should not file cancellation-of-debt information returns or furnish payee statements under Sec. 6050P to report the amount of ...

WASHINGTON — The Verify team exists to give you the answers, and with tax season here and new coronavirus relief aid, there have been a lot of questions. With a new May 17 deadline to file, preparing ...

Whether you're a business owner who relies on independent contractors or you make your living as a freelancer, understanding the difference between Form 1099-MISC and 1099-NEC is critical to ensuring ...