by Jelena Arkula | Apr 7, 2026 | 1099, Procedures
Last updated: April 4, 2026 Ever feel like the tax code was written in a secret code specifically designed to keep you awake at 2 AM? You are not alone. The One Big Beautiful Bill (OBBB), signed into law in mid-2025, is a massive overhaul that actually brings some...
by Jelena Arkula | Apr 6, 2026 | 1099
Last updated: April 4, 2026 Starting in tax year 2026, you only need to issue a Form 1099-NEC or 1099-MISC if you paid a vendor or contractor $2,000 or more during the calendar year. This post is for small business owners and freelancers who need to navigate the new...
by Jelena Arkula | Apr 5, 2026 | 1099
Last updated: April 4, 2026 Small businesses using digital assets must now prepare for Form 1099-DA, the new IRS requirement for reporting cryptocurrency sales and exchanges. This post is for business owners who accept crypto or invest business funds in digital...