Generally, businesses play a guessing game when it comes to filing 1099 Forms. But it is important to sort out the game at the earliest to avoid late fines and penalties. Those who received $600 or more as non-employment income should receive Form 1099. There are many different variants of 1099s that are offered in different situations and there are many exceptions for this $600 rule as well. Different variants of 1099 Forms and their purpose The...
Who Should Receive a 1099 Form? E-File Form 1099 Today
February 28, 2022