1099 / 1042-S

Q. Considering the recent changes in Treasury regulations regarding cloud transactions and digital… Read More

The IRS letter ruling didn’t specify which tribe requested the ruling; the IRS simply referenced a “tribe.” The tribe held a powwow each year, at which it held dance and drum contests and… Read More

The 2026 versions of Form 1099-NEC and 1099-MISC include a new box for overtime pay. This would be for reporting overtime which qualifies for the recipient to take a tax deduction on their personal… Read More

Q. We paid a foreign vendor by credit card, but they won't provide a W-8 form. I'm preparing to… Read More

Q. What is the 1099 INT threshold for property tax interest refund? A. (Answered by IOFM's… Read More

Q. We had a consultant that worked for us in the US and lived in the US at that time. She has now… Read More

Q. My boss (Director of Accounting) read that you should send your 1099's to the state as well as… Read More

Q. We pay an annual fees for electronic access to books, is this 1099 reportable and if so, rents… Read More

Q. A $100,000 check to settle a worker's comp claim is made out to both the plaintiff and the… Read More

Q. We acquired a company and a part of the agreement was that we would pay their legal fees. Would… Read More