1099 / 1042-S

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

Q. We mailed a 1099 and it was returned because the recipient was deceased. We do not have any… Read More

Q. I am receiving conflicting information as to when the 20231099-NEC's are supposed to be… Read More

Q. I encountered a situation where a vendor provided their updated TIN# only after the initial… Read More

Q. I am new to processing the 1042-S forms and have reviewed the US Tax Treaty Publication 901. I… Read More

Q. Are we required to report foreign sourced services payments made to foreign vendors on the… Read More

Q. If the vendor consents, can the 1042-S form be emailed to them instead of being mailed? If it… Read More