Paystubsnow Blog

In the world of independent contracting and freelance work, dealing with the complexities of tax forms can feel like decoding a foreign language. Two forms you'll encounter are the IRS Form 1099 and Form W-9. While both play pivotal roles in the tax reporting process, understanding their distinct purposes is ...

Although tax season may feel far off, employers must remain vigilant regarding W-2 deadlines. The Wage and Tax Statement, commonly known as the W-2, is a critical document that employees require to accurately file their income tax returns. Timely distribution of W-2 forms is not just a legal obligation; it's ...

The global pandemic caused a notable shift in how people work, leading to many new working models. While entrepreneurship and freelancing continue to flourish from the pre-pandemic times, contracting and side hustles are increasingly popular now. Given this trend, self-employment is on the rise, with several new career paths opening ...

Independent contractors and freelancers play a key role for many businesses. From freelance writers and website designers to graphic designers and consultants, these individuals bring their specialized skills and expertise to the table for companies around the world.  Businesses that work with these talented individuals are required to complete an ...

Mistakes happen, even in the world of taxes. When it comes to the 1099 form, even small errors can have big consequences down the road. It doesn't matter if you're a business owner filing for independent contractors or an individual receiving a 1099; accurate reporting is crucial. But what happens ...