|Part of The Resourceful CEO Presentation Series|
What Entities Get 1099s?:What Entities Get 1099s ? The 1099 Video Series
Introduction:Independent contractors provide a number of different services in any given year. Attorneys and accountants, IT providers, sales representatives Most must receive 1099s. http:// www.cash4impact.com/1099-guide
Table of Contents:
Form 1099-MISC - Purpose & Requirements:Requirements
Form 1099-MISC's purpose
Required by the IRS
Covered Business Types:Individuals operating as sole proprietors
General partnerships Limited liability partnerships ...
Corporate Exceptions:A few exceptions to the corporation exemption exist.
IRS: Dates:Payers must deliver Form 1099-MISC by
Payers must mail the IRS the 1099 summary by
If filing electronically, Payers have until
W-9 Required:W-9 provides: Business name
Taxpayer identification number...
References:Internal Revenue Service:
Forms and Associated Taxes for Independent Contractors
General Instructions for Certain Information Forms
For more information and additional videos,
visit Cash for Impact : www.Cash4Impact.com/1099-guide