Northside Financial Services

If you use workers other than employees to perform services for your business in 2025 and pay them $600 or more for the year, you are required to issue each of them a Form 1099-NEC after the end of the year to avoid facing the loss of the deduction for their labor and expenses.

www.northsidefinancial.com This is our annual reminder that if you use workers other than employees to perform services for your business and pay them $600 or more for the year, you are required to issue each one a Form 1099-NEC after the end of the year to avoid facing the loss of the deduction for their labor and expenses.....

Get inspired. Some Wednesday Wisdom from Chicago based Northside Financial Services Inc

Get prepared for tax season with key record-gathering tips, 2025 changes, new deductions, and guidance to help you file accurately and avoid missing opportunities.

www.northsidefinancial.com