Do you need to issue a 1099-MISC form to a vendor or contractor this year?
Form 1099-MISC for Miscellaneous Income, is used to report payments for services performed for a business by people not treated as its employees, such as payments to subcontractors, rent payments or prizes. A 1099-MISC form must be provided to the recipient and a copy mailed to or E-Filed with the IRS.
Greetings and thanks for checking out this channel.
Mrs. Balance Sheet is about one woman’s struggle to juggle FAITH, FAMILY, FINANCE & FITNESS.
Name channel name says it all.
Mrs – I’m a devoted wife, full-time mom of 3 girls and I love Jesus and keeping my home beautiful.
Balance Sheet – I’m an accountant, investor, landlord, expert business consultant.
After getting my bachelor’s degree in accounting and master’s degree in business I spent 10 years climbing the infamous corporate ladder only to discover God had another direction for me. Ultimately, I retired from corporate America at 32 yrs. and have been blessed abundantly since then. I am active CPA candidate. I hate having regrets, so after losing my credit for passing part of the exam almost 10 years ago, I back at it.
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