Practical Legal Guidance for Growing Businesses
Plain-language articles on contracts, employment matters, disputes, investigations, transactions, and the practical legal questions that arise as a company grows. These materials provide general information, not legal advice.
The 1099 Threshold Is Changing Again: A Year-End Checklist for Businesses
The federal reporting threshold for many Form 1099-NEC and Form 1099-MISC payments is $2,000 for payments made in 2026 and $2,100 for payments made in 2027. Businesses should update vendor records and year-end reporting workflows without confusing the higher threshold with worker-classification, W-9, or recordkeeping rules.