1099's for Vendors Paid More Than $600
Starting in 2011, landlords will be required to issue 1099’s for all vendors paid more than $600 in fees for that fiscal year. There will be an exemption for those who have a temporary rental. The IRS also has the ability to exempt landlords below a certain rental income limit. My question is how will … Continue reading 1099's for Vendors Paid More Than $600