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IRS 1099 Reporting Changes After H.R. 1: What Businesses Need to Know for 2026

Whether you’re a small business owner, freelancer, or, consultant, 1099 forms are a pivotal part of tax compliance. The IRS requires payers to issue various 1099 forms to report income paid to non-employees and third-party transactions. These forms help the IRS match income reported on tax returns and ensure everyone...

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