Do You Need to Issue a 1099 to your Vendors?

Do You Need to Issue a 1099 to your Vendors?

What is a 1099?   The Form 1099-MISC, also simply called a 1099, is a tax form that the IRS uses to track miscellaneous income. Specifically, it tracks payments made to an individual or unincorporated business so that their income can be accounted for at the end...