Accounting, Tax & Financial Insight for Small Business Owners
Practical Accounting & Tax Insights for Small Businesses & Individuals
Clear, straightforward guidance on bookkeeping, accounting, and tax strategy to help small business owners and individuals understand their numbers, avoid costly mistakes, and make confident financial decisions.
What Is the 1099 Threshold for 2026?
For payments made in 2026, the 1099-NEC threshold rises from $600 to $2,000. Here's who needs a 1099, how LLCs and payment apps are handled, and the February 1, 2027 deadline.