TaxInformationReporting.com strives to offer Form 1099 reporters the practical advice they need. To that end, we feature a weekly tax tip highlighting a timely topic on the 1099 reporting calendar.
You will always know what the IRS expects of you at any given time – and how to handle it.
Here is an example of what you’ll find: Late spring and early summer have earned the moniker “corrections season” – Do you know when you do, or do not have to correct an information return? Do you know the single best tool for minimizing or even avoiding corrections altogether? The answers to these questions are surprisingly simple; one involves knowing the law and the other involves knowing what the IRS has provided to assist you with your compliance duties…
Each week TaxInformationReporting.com will feature a simple and easy to follow “how-to” in regards to answering questions just like these. Even better, it is all part of your annual subscription when you sign up for the full suite of our web based services.
