There continues to be tremendous interest from those interested in what kind of questions we handle via our TIR Answer Center subscriber service.

As such, here is a sample of questions asked by our subscribers over the past few days, and that have recently been added (with full answers) to our Tax FAQ Database:

Question #1:

Is a software license a copyright, royalty, or a copyrighted article? If it's a copyrighted article, it should not be reportable, right? If a royalty, what kind of royalty? Why royality if it's not being resold?

Question #2:

If a vendor submits a Form W-8ECI, is part I question 5 (business address in the US) required?

Question #3:

Are payments for subscriptions reportable for Form 1099-MISC purposes?

Question #4:

What box should a reportable hotel payment (staying overnight, not renting a meeting room) be recorded in, Box 1 or Box 7? I have heard/read both answers and want to be sure we are reporting in the correct box.

Question #5:

When a company does business in multiple states using the same company name and tax identification number, do you create separate 1099s for each state or do you combine them and report the total amount on one 1099?

We hope that this sample has provided a flavor of some of the questions that your peers are asking, and which we are answering. Please note that we don't merely answer such questions for the organization that asks them. We also scrub the question for private information and add it to our sortable Tax FAQ database containing hundreds such questions and answers. This way all of our subscribers can learn from their peers experiences. Finally, note also that our subscriber's not only enjoy an entire year's worth of making their lives easier by letting our veteran tax attorneys answer their federal, state, and local tax compliance questions - but they get those answers within two business days or less! Subscribe today, and start asking your questions!