How to issue a 1099 to a company that was acquired

August 1, 2019

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Q.┬áCompany A and Company B are existing vendors with payments that should be reported on form 1099. Company A buys Company B mid-year. Should each company receive a 1099 form for the payments issued? Or would we only send a 1099 to Company A since they have taken over Company B? A. (Answered by COKALA Tax Information Reporting Solutions, LLC, a 3rd party, independent advisory services firm offering experienced and practical help for tax regulatory compliance for Forms W-9, W-8, W-2, 1099, 1098,…

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