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Top 10 Essential Facts About IRS 1099 Forms
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If you’ve ever felt confused about 1099s vs. W-9s, you’re not alone, this is one of the most misunderstood parts of running a business. Here’s the simple breakdown I walk through in my latest video 👇 📄 W-9 = information you COLLECT I always recommend getting a W-9 when you first hire a contractor, not at tax time. It gives you: ✔️ Their EIN or SSN ✔️ Their business/entity type ✔️ The info you’ll need later to issue a 1099 You don’t file a W-9 with the IRS, you just keep it on file so you’re pr
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If you’ve ever felt confused about 1099s vs. W-9s, you’re not alone, t…
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