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Stay ahead of regulatory changes. We track federal contractor rules, deadlines, and guidance so you don't miss a beat.
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Recent Updates
5 UpdatesIRS Guidance
IRS Updates 1099-NEC Filing Thresholds
New guidance on when 1099-NEC forms are required for 2024 tax year. Clarifies payment thresholds and reporting requirements.
Source: IRS Notice 2024-XX
DOL Rules
DOL Contractor Classification Rules
Updated federal guidance on independent contractor classification standards. New factors to consider when determining worker status.
Source: DOL Final Rule
Deadline Reminder
2024 Filing Season Reminder
Reminder that 1099-NEC forms for 2023 tax year must be filed by January 31, 2024. Electronic filing now required for 250+ forms.
Source: IRS
IRS Guidance
Self-Employment Tax Updates
Updated self-employment tax rates and thresholds for 2024. Changes to Social Security wage base and Medicare tax rates.
Source: IRS Publication 15
Penalty Updates
2024 Penalty Amounts Announced
IRS announces updated penalty amounts for late or incorrect 1099 filings. Penalties increase based on how late the filing is.
Source: IRS Revenue Procedure
Never miss an update.
Federal rules change frequently. Our radar is updated weekly to reflect the latest IRS and Department of Labor guidance.