Information Reporting (Form 1099 and DE 542) For Independent Contractors

December 6, 2017By KROST

****Important: Filing deadline for certain 1099’s is 1/31/2018 for both the recipient and government filing copies!!!**** Form 1099 is used to report payments made to reportable vendors. In addition to the penalty imposed by the IRS for failing to file Form 1099, the California Franchise Tax Board can disallow deductions when a business fails to … Read More