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What freelancers need to know about 2026 tax changes

Starting in 2026, the IRS is raising the reporting threshold for Forms 1099-NEC and 1099-MISC from $600 to $2,000 under the One Big Beautiful Bill Act. The change means fewer forms for small payments, ...
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Freelancers’ guide to the 2026 1099-NEC changes

Starting in 2026, the IRS will raise the Form 1099-NEC reporting threshold from $600 to $2,000, with annual inflation adjustments beginning in 2027. This change affects freelancers, contractors, and ...