1099 / 1042-S

Q. Is the purchase of livestock for our University's farm (such as the purchase of a horse or cow)… Read More

Q. We recently made a payment to an "S" corporation for seed funding. As per our documentation, it… Read More

As the information reporting landscape continues to grow more complex, staying ahead of change is no longer optional, it’s essential. In this timely IOFM webinar, you’ll get the latest

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The IRS has released drafts of the 2026 versions of Form 1099-NEC and 1099-MISC, showing significant updates to how nonemployee compensation, tips, and overtime are reported. While the forms maintain

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The IRS has released drafts of the 2026 versions of Form 1099-NEC and 1099-MISC, showing significant updates to how nonemployee compensation, tips, and overtime are reported. While the forms maintain… Read More

With year-end approaching, now is the time to review your e-filing strategy and state compliance obligations. Between the IRS FIRE system shutdown, updates to IRIS, and complex state 1099 rules,

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With year-end approaching, now is the time to review your e-filing strategy and state compliance obligations. Between the IRS FIRE system shutdown, updates to IRIS, and complex state 1099 rules,… Read More

A. We issue rental assistance payments to landlords through our Section 8 program (Housing Choice… Read More

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