Surging 1099 IRS Notice Rates & Problems for Content Freelancers
A growing surge in IRS correspondence is reaching freelancers as new analysis highlights a sharp rise in reviews tied to 1099‑reported income. Expanding contract‑based work, broader digital‑platform reporting, and intensified data‑matching systems are reshaping enforcement patterns across the independent‑earner landscape. Recent assessments of transcript activity and notice frequency reveal a notable uptick in automated underreporting alerts, income‑verification requests, and document‑matching inquiries. Expanded information‑return submissions from payment platforms have created more data points for IRS algorithms, increasing the likelihood of mismatches between filed returns and third‑party reports. Even minor discrepancies are triggering additional scrutiny, often without any resulting tax change. Freelance income structures frequently involve multiple payers, irregular schedules, and fragmented documentation. Such characteristics heighten the risk of missing or inconsistent entries ...