NEC stands for nonemployee compensation. Prior to 2020, this income was generally reported on Form 1099-MISC. — 1099-OID reports money you received from certain types of bonds. OID stands for original ...

The Internal Revenue Service has warned people not to follow advice they see on social media. Among the things to avoid is a new trend that encourages people to overstate their withholdings in ...

The vast majority – $360 billion – of the $400 billion in global upstream oil and gas investments expected this year will go towards offsetting the decline in oil production from existing ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation.

Monster Hunter Stories Collection is discounted to a fantastic price at Amazon and Walmart. Both retailers are offering the two-game Nintendo Switch compilation for $33.55. Monster Hunter Stories ...

Prime Minister Narendra Modi is taking a hands-on approach to solving the ethnic violence issue in Manipur, aiming for a long-term solution. Union Minister Kiren Rijiju highlighted the government ...

This year, some gig workers, freelancers and small business owners received an unfamiliar IRS tax form: a 1099-K. If you're one of them, how you report this form on your tax return could ...

Meghan Markle appeared to take a swipe at the Royal Family and the struggles she has faced in the past with a telling eight-word comment in her new Netflix show. The Duchess of Sussex stars in all ...

“Daredevil: Born Again” is finally here, and as the title implies, it marks the rebirth of the character fans came to know and love in a series originally made by Netflix. Now the question is ...

Did you make over five grand on a marketplace app? Maybe you're an Uber or Lyft driver and you make some money on the side. Or you sell baked goods or do hair on the weekends, and customers pay ...

When we evaluate tax software, we test the versions that support self-employment. If you do any sort of gig work, you need Schedule C to file. TurboTax offers a Free Edition* that allows you to ...