1099 / 1042-S

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Q. We sometimes reimburse customers who attend conferences or events with us for their travel… Read More
Q. My company received an updated form W9 from a US company we've done business with for several… Read More
Q. We have a vendor who prepares and delivers meals to a charter school. They do not set up or… Read More

In this question-and-answer article, IOFM asks Christine Battles, APS, APM, APPM, Sr. Accounts Payable Manager at UniFirst, how she ensures smooth processing for 1099 reporting.

Christine is an IOFM

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Q.  We have a 1042 Vendor that a citizenship of one foreign country and permant address is in… Read More
Q. We pay another company to handle our workers comp claims. We pay a fee per claim, along with the… Read More
Q. Are poundage fees that are a percentage of a settlement that are paid to the City Marshall… Read More
Q. We have a question with a vendor that has to address locations one in United States and another… Read More
Q. I understand that 1099 Misc and Nec need any corrections to be filed electronically if the… Read More

This training is all about backup withholding – the forgotten piece of the 1099 world. Backup withholding is income tax withholding on payments to contractors (or other 1099’able

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