Get to know the new withholding rules, 1099 form.

PositionIn The News...

Pay attention to a couple of new payroll changes coming from the IRS. This is the first year you'll be reporting payments of at least $600 to independent contractors on Form 1099-NEC, Nonemployee Compensation. Also, the two withholding systems the IRS ushered in this year--one based on employees who file post-2019 W-4s and the other based on...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT