If you're a business owner who hires independent contractors, it's important to understand the differences between the 1099-NEC and 1099-MISC forms. These forms are used to report payments made to independent contractors, but each has its own specific purpose.
Want to hire someone, but don’t really understand the difference between a 1099 and a W2? We’re here to break it down for you.
Are you tired of dealing with paper checks and snail-mail when paying your independent contractors? Consider using ACH payments: An electronic payment system that makes it easy and efficient to transfer funds between banks. In this piece, you’ll learn you can use ACH to pay your independent contractors.