There are a number of situations where you’ll have to create and/or file Form 1099s. Are you affected?
If you’ve been sending Form 1099s for years, you’re probably already working on them or have completed them. If you receive them regularly, they should be on their way to you soon (if they haven’t already arrived), waiting to be used in the preparation of your income taxes.
But if you’ve never sent one, it’s worth a look at your financials to see if you should. There are countless scenarios that would make that necessary. [MORE] . . .