Today TaxMama® hears from Bill in the TaxQuips Forum. Bill insists that for payments made in 2012, we do not have to send 1099s to corporations. TaxMama says, she just read that corporations DO get 1099’d. Who is correct?
Today TaxMama hears from Linda in the TaxQuips Forum with this concern. “I have a very small business teaching classes and sometimes use a local clubhouse as a venue. Some participants pay me directly; others pay the clubhouse. The clubhouse keeps 10% for the use of the clubhouse and sends me the rest of the […]