Withholding Tax Guide
Apr 01, 2014 · The Internal Revenue Service (IRS) created Form 1099-NEC and redesigned Form 1099-MISC. Beginning with tax year 2020, businesses use Form 1099-NEC instead of Form 1099 -MISC to report to the IRS amounts paid for services performed by someone who is not an employee of the business (nonemployee compensation). ................
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