1099 / 1042-S

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

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