1099 / 1042-S

Q. I read that a 1099 change for 2025 is that excess golden parachute payments will now be reported… Read More

Q. We made a settlement payment to a former employee, and their attorney is requesting that this… Read More

Q. Our company currently files 1099-MISC and 1099-NEC forms under six legal entities, based on… Read More

Q. We are purchasing Fabrication Services of a Converter Vessel and need to determine if this… Read More

Q. After watching the webinar "LLC's & 1099's: What You Need to Know," I have a follow up question.… Read More

This session will review the concepts of backup withholding — something that is often not done, even though it needs to be. The consequences of not doing backup withholding can be financially

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Q. We have two foreign vendors that we work with, but we pay them via credit card. Do we still have… Read More

Q. This is from a donor property which has 20% going to a trust and the rest to the University. My… Read More

Q. We are about to make a donation to a political party. I am uncertain whether this donation… Read More

Q. What is the difference between 1099-MISC Box 3 and Box 7? A. (Answered by IOFM's third-party tax… Read More