
Learn more about 1099s, including who you need to do 1099s for and when you don't need to complete a 1099!
The video features a high-level overview of 1099 reporting. Katy explains that businesses must issue a 1099 form for vendors paid over $600, she addresses some of the exceptions and how you can streamline your bookkeeping to meet some of the exceptions so you don't have to send a 1099 form. She emphasizes the importance of the W-9 form and how it relates to 1099's.
This video is a general overview, intended to simplify 1099 reporting for small businesses.
Posts are for informational purposes only and don't constitute financial or legal advice.
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