Small-business owners commonly make or receive payments that must be reported to the Internal Revenue Service. Many of these payments are reported using Form 1099-MISC. To fill out this form, though, ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. This article is more than 4 years old. Before paying you, many ...
When the IRS sends small business owners letters, the agency doesn’t always expect a response. Case in point: A client popped into my office the other day with a piece of correspondence from the IRS ...
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