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August 24, 2026

1099 Threshold Update

Category: Administration | Tags: ,

Posted by | New for 2026 year-end: the threshold for tax reporting on 1099 vendor obligations has been changed. With the “One Big Beautiful Bill Act,” the new law states that the threshold for reporting on form 1099-NEC and 1099-MISC increased from $600 to $2,000. This increase in […]

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