Form 1099 is one of several IRS tax forms used in the United States to prepare and file an information return to report various types of income other than wages, salaries, and tips. 1099s differ from W-2s in tax withholdings. This podcast brings in Jaime Lizotte of ComplyRight and covers what to do when mistakes are made with these important forms. To prevent problems from arising, clients can take early protection measures. With the proper team and smart utilization of resources, small business owners are able to file correctly or bounce back smoothly when they need to.
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