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Get Dixon Hughes Goodman 1099-misc Reporting Requirements 2013-2024

For payments made for services rendered. In addition to adding the question for all 2011 income returns on whether a taxpayer made any payments that would require it to file Form(s) 1099, the IRS is also currently levying larger non-compliance penalties. With the 2012 filing season upon us, it is important to understand what the filing requirements are. Under IRC Section 6041(a), a person, business and/or nonprofit considered to be engaged in a trade or business making payments of salaries, wage.

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