Many Finance pros unclear on Form 1099-NEC vs. 1099-MISC: Is your team in the know?
Form 1099-MISC and 1099-NEC deadlines are fast approaching, and you don’t want an IRS audit revealing that your company sent vendors the wrong form. Determining when to use 1099-NEC for payments of $600 or more to nonemployees can be tricky and 1099-MISC is a catch-all that many businesses like yours may still need to file. […]
