Further, these partnerships often invest in foreign entities. Many partners, especially limited partners, have no ability to direct the partnership’s operations and investment choices. Since foreign ...

New tax proposal passed by House raises reportable income thresholds for contractors and digital platforms, a change that ...

If you pay a service provider to perform at least $600 of work for your business during a calendar year, you need to send Internal Revenue Service Form 1099-Misc to that provider before Jan ...

Internal Revnue Service form 1099 does the same thing as a W-2 tax form -- it tells people how much taxable income they made. It covers dividends, payments for freelance work and other income that ...