Workful | Your Small Business Resource Blog

What is the FedNow service?

The COVID-19 pandemic has had a significant impact on the global economy. To mitigate the economic fallout, the United States government has implemented various measures to support the economy, including the FedNow service. In...

Female independent contractor woman working in a modern office

An Employer’s Guide to Form 1099-NEC

This article was last edited on 9/8/2020. For updated information on Form 1099-NEC, visit https://www.irs.gov/forms-pubs/about-form-1099-nec. Beginning in tax year 2020, you will need to file Form 1099-NEC to report any nonemployee compensation you paid during the...