Whatisa1099Whenyouarepayinganindependen


What is a 1099? When you are paying an independent contractor (not an employee) and you paid them more than $600 in that calendar year, you are required to issue them a 1099 by Jan 31 of the following year. 1099's have various federal and state guidelines. Federally, for the most part, the general guideline is that an independent contractor has to be allowed to operate without somebody else managing how they do their work. Let us help you answer your 1099 questions and bookkeeping needs.

from Solvency Now Bookkeeping https://ift.tt/3d5JpGb
via IFTTT

Comments

Post a Comment

Popular posts from this blog

Do you need a remote bookkeeper Solvency Now is a

Image
Do you need a remote bookkeeper? Solvency Now is a bookkeeping firm using Quickbooks online to handle all of your bookkeeping needs. A remote bookkeeper will be able to offer part-time services that both meet your small business needs and help eliminate the costs of an in-house accountant. Set up a time to chat with us about how to grow your business. from Solvency Now Bookkeeping https://ift.tt/35exsuj via IFTTT
Read more

Abusinessownerstimeisworththousandsofdoll

Image
A business owner's time is worth thousands of dollars an hour in potential income. How many thousands are you wasting by sitting there with your head in your hands hoping you filled out the form correctly or wondering if that gym membership is tax-deductible? Save Your Time With Contact us for more details. Solvency Now Bookkeeping 601 N. Ashley Drive, Suite 1100 #8, Tampa, FL 33602 (813) 336-1574 https://ift.tt/3ijfJax https://ift.tt/3k6RGfs from Solvency Now Bookkeeping https://ift.tt/32mYTBW via IFTTT
Read more