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Are C Corporations Exempt from 1099-NEC for Accounting Services?
January 20, 2026
Q. Do we need to issue 1099-NEC to an accounting firm for services we received (such as tax return prep, audit services, and accounting services)? Based on their W9, their tax classification is a C Corporation.
A.
(Answered by IOFM's third-party tax expert)
If they mark that they are a C Corporation, you would not need to send them a 1099. The corporate exception applies to accounting services.
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