189. The 1099 Breakdown: MISC, K, and NEC Forms Explained for Entrepreneurs

If you work with independent contractors, this episode is a must-listen. With 1099 forms due on January 31st, it’s crucial to understand the differences between 1099-MISC, 1099-NEC, and 1099-K, so you can avoid any costly mistakes or trouble with the IRS. I’m joined by Brittney Suttle, a CPA and founder of Knies & Co., a virtual CPA firm. Brittney breaks down everything you need to know about preparing and filing your 1099s, including who needs to receive one, how the updated tax laws aff...