Understanding the difference between 1099-MISC and 1099-NEC is essential for small businesses, freelancers, and contractors. This guide explains which form to use for various payments, from independent contractor services to rents, royalties, and attorney fees. Learn about filing deadlines, IRS reporting rules, and common mistakes to avoid. With clear examples and practical tips, you can stay compliant, save time, and reduce confusion during tax season. BooksMerge makes it simple to manage your forms, ensuring accurate reporting and peace of mind for every payment you issue.
Educate. Empower. Act. The mission of Project WET is to reach children, parents, educators and communities of the world with water education.
