Q: I just sold my house and moved into a 55-plus community. I paid an entrance fee to the community and now pay rent on my ...
The most important point is that only businesses need to issue 1099s — if you paid someone for personal purposes, you are not (yet) required to send them or the IRS a Form 1099. WHAT'S NEW (or ...
That’s mainly because of changes to a federal tax reporting rule that requires third-party payment networks, including apps and online marketplaces, to send a form 1099-K to millions of online ...
electronic filing and print and mailing of 1099 and 1042-S forms. “Tax information reporting requirements are evolving rapidly, creating new compliance challenges for small and medium-sizes businesses ...