1099 Tax ID Number

1099 Tax ID Number

What Is a 1099 Tax ID Number? Businesses are generally required to have a tax identification number, also known as an employer identification number or federal employer identification number. Your business tax identification number is one of several types of

What Is Form 1099-B?

What Is Form 1099-B?

IRS Tax Form 1099-B Form 1099-B is a tax form produced in triplicate entitled “Proceeds From Broker and Barter Exchange Transactions.” One copy is submitted to the IRS, one copy is sent to the taxpayer and the last copy is

How to File Taxes with a 1099G

Form 1099-G is the tax form issued to taxpayers that received compensation from the government. Payments from the government include unemployment payments and certain tax refunds and credits. This information is entered onto your individual tax return in the income

1099 Vs. W-2 for Employees

1099 Vs. W-2 for Employees Employers classify people doing work for them as an employee receiving a W-2, or an independent contractor receiving a 1099. For work purposes, employees are under the control of the business. Conversely, independent contractors have

Child Tax Credit

Child Tax Credit

Growing up children may prove to be costly for working family units. This gave a reason to the federal government to come up with what is called as Child Tax Credit (CTC) by which many of the qualifying working families

Child Care Tax Credit

Child Care Tax Credit

In today’s busy schedule of life, child care plays a vital role and parents have to arrange child care nearby their offices or work places. Child care are now grown quite expensive in last few years. Especially when children are