Posts Tagged ‘1099’
What if I don’t file a 1099?
Who must file form 1099?
Read MoreWhy 1099s are a big deal
What’s the big deal with 1099s?
Read MoreTax Advice for Valentine’s Day
This is one of our older posts, but it’s still good advice!
Read MoreIRS offers a clean slate for the past. . .
Last year’s tax returns included two new questions. They both pertain to 1099 payments and, if unanswered, prevented you from E-Filing. If you’ve worried about 1099 vs employee problems with the IRS, there’s now a chance to wipe the slate of the past clean and start over. IRS is willing to forgo the audit of…
Read MoreDo corporations have to issue 1099s?
As with most tax questions it depends. Although (as a general rule) corporations are exempt from this requirement, there are some exceptions. See the list below and be sure to E-Mail us if questions. Reportable payments to corporations. The following payments made to corporations generally must be reported on Form 1099-MISC. Medical and health care payments…
Read MoreIndependent Contractor vs. Employee – IRS throws a bargaining chip into the mix
The IRS has launched a new program that may help employers to resolve past worker classification issues (Independent Contractor vs. Employee) at a relatively low tax cost by voluntarily reclassifying their workers. As regular readers know, IRS’ attitude on this issue has been less than helpful in the past. Personally, I do not know of…
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