Direct Tax

Understanding Form 1099-Q – Distributions from Education Accounts

As the cost of higher education continues to rise, many families turn to tax-advantaged education savings plans such as 529…

3 weeks ago

Understanding Form 1099-NEC – Nonemployee Compensation

Form 1099-NEC is an essential IRS information return used to report nonemployee compensation paid to independent contractors, freelancers, gig workers,…

3 weeks ago

Understanding Form 1099-MISC – Miscellaneous Income

Form 1099-MISC is one of the many types of IRS information returns used to report income that doesn’t fall under…

3 weeks ago

Understanding Form 1099-K – Payment Card and Third-Party Network Transactions

As the gig economy and digital payments continue to grow, more individuals and small businesses are receiving income through platforms…

3 weeks ago

Understanding Form 1099-INT – Interest Income

Form 1099-INT is a key document issued by banks, financial institutions, and other payers to report interest income earned by…

3 weeks ago

Understanding Form 1099-G – Government Payments

Form 1099-G is a tax form issued by federal, state, or local government agencies to report certain types of payments…

3 weeks ago

Understanding Form 1099-DIV – Dividends and Distributions

Form 1099-DIV is an essential tax document issued by financial institutions to report dividends and other distributions to investors and…

3 weeks ago

Understanding Form 1099-B – Proceeds from Broker and Barter Exchange Transactions

Form 1099-B is a crucial document issued by brokerage firms and barter exchanges to report proceeds from transactions to both…

3 weeks ago

Why Your Refund Might Be Delayed and How to Fix It

Receiving a tax refund can be a significant financial relief, especially after the stress of preparing and filing a tax…

1 month ago

Which Pension Contributions Are Deductible in Switzerland? (Pillar 2 & 3a)

Switzerland’s social security and retirement savings system is built on a well-defined three-pillar structure. Among these, the second and third…

1 month ago

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