Home › Posts tagged Legal Services
Blog Archives

How to File Your Form 1099’s and Avoid IRS Penalties

Posted in Tax News on December 22, 2013

Determine Who Needs to Be Issued a 1099 A Form 1099 needs to be issued to any unincorporated business that you paid $600 or more.  An unincorporated business includes Limited Liability Companies (LLC’S), Partnerships and Sole Proprietors.   Additionally, a 1099…

Read more

Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , ,

Why You Need Form W-9 Now to Complete Form 1099 Later

Posted in Tax News on June 16, 2013

1099 Filing Requirements Businesses have a responsibility to file Form 1099-MISC to all unincorporated businesses that they pay more than $600 to annually.  An unincorporated business is a sole-proprietorship, partnership or a Limited Liability Company (“LLC”).  In addition to having…

Read more

Tagged with: , , , , , , , , , , , , , , , , , , , , , ,

4 Reasons to File Form 1099

Posted in Tax News on June 5, 2012

1) Payments made to independent contractors. Payments to independent contractors over $600 need to be issued a Form 1099-Miscellaneous.  This form needs to be issued to all unincorporated vendors.  An unincorporated business is one that is a sole proprietorship, partnership…

Read more

Tagged with: , , , , , , , , , , , , , , , , , , ,