1099 / 1042-S

Q. It's my understanding that bank fees and utilities are not 1099 eligible but I don't see… Read More

Q. We recently merged with another credit union and they are paying for a retiree medical benefit… Read More

Q. We received a W-8 from a Canadian vendor. On line 15 they list treaty articles V and VII and go… Read More

Q. Is the value of goods awarded to a student reportable as an award on 1099-MISC if the payment of… Read More

Q. At my organization, we are talking about making research stipend payments to participants in… Read More

Q. We have a written contract with main contractor A. Their subs have not been paid. They have… Read More

Q. How are NQ distributions handled? The individual is a non-employee now. I just found out that… Read More

As federal regulations governing 1099 reporting continue to evolve, you can often expect to see corresponding changes in direct state reporting regulations. It's imperative for businesses to remain

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It’s the law to track and report abandoned property to the states. Make sure you have all the information you need to file successfully and avoid an audit, fines and/or penalties. In this

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Typically, issued by payment settlement entities, Form 1099-K is used to report payments made in settlement of reportable payment transactions, such as credit card transactions or third-party network

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