Day 13: What to Know About 1099-NEC & Contractors: A Simple Guide for Businesses and Freelancers

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🧾 Day 13: What to Know About 1099-NEC & Contractors: A Simple Guide for Businesses and Freelancers In today’s flexible work landscape, hiring independent contractors can be a smart move—offering agility without the long-term commitments of traditional employment. But with this freedom comes responsibility, especially when it’s time to tackle tax forms like the 1099-NEC . Let’s break down what you need to know about using this form and working with contractors, without the tax jargon overload. πŸ“Œ What Is the 1099-NEC? The 1099-NEC (Nonemployee Compensation) is an IRS form used to report payments made to nonemployees for services. It replaced the old use of Form 1099-MISC for service payments starting in 2020 . You’ll need to issue this form if you paid: $600 or more in the calendar year To an individual or business not classified as an employee For services (not products or rent) Who is not incorporated—i.e., a sole proprietor or LLC taxed as such It goes to both t...
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πŸ“… Day 1: Why I Started This Blog as a CPA

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πŸ“… Day 1: Why I Started This Blog as a CPA

Hi there — and welcome!

I’m a CPA with a deep love for clarity, structure, and empowering small business owners to take control of their taxes. For years, I studied, practiced, and prepared for the CPA exam, and when I finally passed, I thought the journey was over. But in truth, it had only just begun.

This blog exists because I’ve seen too many creative, driven entrepreneurs feel overwhelmed or uncertain about their tax responsibilities. Not because they’re doing anything wrong — but because no one ever explained things simply, clearly, and without all the jargon.

So here’s the goal:
One practical, digestible tax tip each day for 30 days. Whether you're a freelancer, side hustler, online seller, or solo entrepreneur, this series will help you understand how taxes really work — and how to make smarter decisions that support your business and your peace of mind.

I’ll cover deductions, business structures, recordkeeping hacks, tax planning, audit tips, and more. If even one post helps you save money, reduce stress, or feel more confident about your finances — then this blog has done its job.

Let’s make taxes less intimidating and more empowering — one tip at a time.
See you tomorrow for Day 2: “3 Common Tax Myths Small Business Owners Believe.”



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