We’ve been watching the progress of the Patient Protection and Affordable Care Act (AKA the Healthcare Reform Bill), and particularly the part that affects small business – the extreme new 1099 reporting requirements. As of now, businesses only have to issue form 1099 to service providers, most notably contractors, to whom they pay over $600 [...]
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Posted by: Jennifer Escalona, July 29, 2010
Comments: 2
A group of senators has written to IRS Commissioner Douglas Shulman complaining about the new 1099 filing requirements, which were passed into law by – who was that again? Oh, right - those same senators.
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Posted by: Mariette Knoblauch, July 28, 2010
Comments: 1
Well, now you can, thanks to a new Outright.com feature. Simply start your FreshBooks expense descriptions with @vendor name: and we'll read it correctly and separate who you paid from the rest of the description.
Let's look at an illustration. Here's a screen shot of the FreshBooks page for adding a new expense. Notice that they [...]
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Posted by: Kevin Reeth, May 19, 2009
Many freelancers are using leading marketplace providers like oDesk to help them earn a living. It's a great way to get exposure to tons of work opportunities. Software programmers, web developers, graphic designers, freelance writers, even virtual assistants can find opportunities through oDesk.
And now, Outright.com is making life easier for the more than 220,000 people [...]
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Posted by: Kevin Reeth, April 1, 2009
For those of you who sent 1099s to your 2008 independent contractors, tomorrow is the deadline for filing copies with the IRS by mail. That means those red magnetic 1099MISC forms that you can order from the IRS for free or can buy at most office stores. Plain-paper printed copies don't cut it - the [...]
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Posted by: Kevin Reeth, March 1, 2009