1099 / 1042-S

Q. My company received W9 with individual name W9 line 1 (entity/individual name) and business name… Read More

Q. I was informed that the threshold for 1099 reporting will be changed to $2,000. I would like to… Read More

Limited Liability Companies (LLCs) create confusion when it comes to 1099 reporting. Are they treated like corporations, partnerships, or sole proprietors? The answer is: it depends. In this

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Year-end information reporting is always complex, and 2025 brings important changes that AP teams and tax professionals need to know. Between shifting IRS priorities, evolving 1099 requirements, and

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Q. Would you be able to provide guidance on if 1099-K form needs to be issued for the following… Read More

Q. We have a Speech Language Pathologist that has submitted her signed IRS form W-9 with her name… Read More

Q. We're working on revamping our vendor addition process. We make a number of payments to body… Read More

Q. I've been using the IRS Fire System, but do I need to set up a new transmitter code for the IRIS… Read More

Q. I filed 1099 forms for year 2024 for my government agency in January 2025. I have since made… Read More

Q. We currently file all our returns in FIRE. Can we apply for an IRIS Transmittal code (TCC) at… Read More