https://www.netdeposited.com/blog daily 0.75 2026-06-23 https://www.netdeposited.com/blog/nuu7wd1rulglwyb9fhqho89gf5n57k monthly 0.5 2026-06-23 https://images.squarespace-cdn.com/content/v1/6a033c4c7217db22a475763c/26c1912a-2d3c-4684-8bd5-56dc95012e03/1.png Blog - The 1099 Survival Guide: Navigating Contractor Payments Without Losing Your Mind - The Different Types of 1099s (Yes, There’s More Than One) Not all 1099s are created equal. The most common forms you’ll see include: 1099-NEC: Used for non-employee compensation (aka most contractor payments over $600). 1099-MISC: Used for other types of payments like rent, prizes, or legal settlements. Using the wrong form is one of the easiest mistakes to make—and one of the easiest to avoid when you know what you’re looking at. https://images.squarespace-cdn.com/content/v1/6a033c4c7217db22a475763c/d3ce2eaf-38c0-4603-aa38-623fd3bc6d1a/2.png Blog - The 1099 Survival Guide: Navigating Contractor Payments Without Losing Your Mind - The Info You Need (And Why a W-9 Is Your Best Friend) To complete a 1099 accurately, you’ll need: The contractor’s legal name Their current address Their Taxpayer Identification Number (TIN) The easiest way to collect this information is by requesting a W-9 form before you pay them. Waiting until January to track down missing details is a recipe for stress—and awkward follow-up emails. https://www.netdeposited.com/blog/tester-blog monthly 0.5 2026-06-23 https://images.squarespace-cdn.com/content/v1/6a033c4c7217db22a475763c/38c156f6-cc47-4b56-968d-f9cbe2b9a08a/1.png Blog - Cash vs. Accrual Accounting: Which Method is Right for Your Business? - Cash Basis Accounting Cash basis accounting records revenue when cash is received and expenses when cash is paid. It's a straightforward method that focuses on money coming in and going out, making it a popular choice for small businesses and startups. One of the biggest advantages of cash basis accounting is its simplicity. There’s no need to track deferred revenue or prepaid expenses, making bookkeeping easier to manage. If your business has straightforward transactions and limited annual expenses, cash basis accounting may be a practical option. https://images.squarespace-cdn.com/content/v1/6a033c4c7217db22a475763c/e7197c0c-5c34-45d6-a2cf-6bcf0beb4dfc/2.png Blog - Cash vs. Accrual Accounting: Which Method is Right for Your Business? - Accrual Basis Accounting Accrual basis accounting records revenue when it is earned and expenses when they are incurred, regardless of when cash changes hands. This approach provides a more accurate picture of your business's financial performance by matching revenue with the expenses required to generate it. 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