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Reporting only vendor labor from an invoice
January 20, 2020
Q. We have several vendors who provide us both with parts and labor services. I am inquiring to see if it is necessary to only report the labor, or can the total of everything be reported and the burden placed on the vendor to know what portion of that total amount should be labor and what portion is for parts?
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A.
(Answered by COKALA, 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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