2016 taxes | Thriving Women in Business Community

How to Correct a 1099 After the Original has been Filed

So you knew 1099 forms had to be processed for vendors who met the IRS guidelines and you filed them timely. Periodically, a business finds a mistake after forms were filed which needs to be corrected. What do you do...Read More

Important 1099 Information Part 3

In the last post, I discussed the exceptions to the 1099 rules.  If you missed the post, you can read it here. Today I'm going to explain how to properly fill out the forms required by the IRS.  There is...Read More

Important 1099 Information Part 2

In the last post, I shared some basic information on who is subject to receive form 1099-MISC.  If you missed that post, you can find it here. There are exceptions to the rules listed in the prior post: Generally, payments to...Read More

Important 1099 Information Part 1

As business owners, we are required to file 1099 forms for vendors we've paid if the purchases and those who have been paid fall into certain categories.  These forms are due to the recipient by January 31, and to the IRS by February...Read More