by the Storen Team | Aug 29, 2024 | Business 1099, Businesses, Resources, Resources for Businesses
We often get the question from business owners, “Do I need to file a 1099?” The answer, simply put, is if you are paying for a service (not a product) to an individual or business, and these payments amount to $600 or more in a calendar year, you are...
by the Storen Team | Aug 23, 2024 | Business 1099, Businesses, Resources, Resources for Businesses, Videos
VIDEO: Click here to watch on YouTube. Business Accountant, Penny Snyder, shares who needs to file a 1099. Join us as Communications Specialist, Kaylee Kriese, travels around the office in search of quick answers and helpful information from our advisory, business,...
by the Storen Team | Oct 1, 2023 | Business 1099, Business Coaching, Businesses, Resources for Businesses, Taxes
Business owners must issue a 1099 by January 31st If you made a payment during the calendar year as a small business or self-employed (individual), you are most likely required to file an information return to the IRS. Business owners must issue a 1099 for each person...
by the Storen Team | Aug 4, 2022 | Business 1099, Business Coaching, Businesses, Resources, Resources for Businesses, Taxes
New Reporting Requirements for 1099-K Article from CPA Practice Advisor It used to be that receiving a Form 1099-K was relatively rare. The form, technically known as Form 1099-K Payment Card and Third-Party Network Transactions was used to report payments received...
