If you run a small business and hire independent contractors, understanding the difference between W9 and 1099 forms is ...

Independent contractors, the IRS, and some state governments need 1099 forms. Learn how to report non-employee compensation.

Form 941 is used to report income taxes, payroll taxes, Social Security, and Medicare taxes withheld from employee wages. Most employers who pay wages file Form 941.

A 1099-K form is issued by credit card companies and third-party settlement organizations (TPSOs) — think payment apps and ...