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Common Tax Forms Employers Need to Know: A Complete Guide

HR Lineup

There are several types of Form 1099, each serving a specific purpose: Form 1099-MISC: Used to report miscellaneous income, including payments of $600 or more for services performed by non-employees. Form 1099-INT: Reports interest income earned on investments, such as savings accounts, certificates of deposit, or bonds.

Taxes 246
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7 Noteworthy Fringe Benefits for your Workforce in 2020

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But, there’s also a list of few tax-exempted fringe benefits that you can consider for curating a lucrative employee benefits plan. Here, are some of the tax-free fringe benefits and why you should count them in your employee benefits package. Employee Health Insurance Benefits. Employee Stock Options.