1099 / 1042-S

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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The most common factor affecting 1099 reporting accuracy stems from discrepancies between recipient names and their corresponding Tax Identification Numbers (TINs). Ensuring the accuracy of Name/TIN

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Direct state reporting of 1099 series forms is a crucial aspect of tax compliance for businesses operating in the United States. While the IRS establishes federal requirements that are uniform

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Q. The software company we use to file 1042S is unable to file the 1042 electronically. For the IRS… Read More

Q. If we compensate a landowner for an easement longer than 30 years with something other than… Read More