Tag Archives: income tax

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IRS Rules Regarding 1099’s

Below are the IRS 1099-Misc. rules regarding paying someone for services   File Form 1099-MISC for each person to whom you have paid during the year: At least $10 in royalties or broker payments in lieu of dividends or...

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STIMULUS PAYMENTS – IRS Letters 6475 | 6331C or 5071 |...

The Economic Impact Payments (EIP) commonly refer to as Stimulus Payment is about to be phase out this tax season. If you have not received your stimulus payments, now is the time. The IRS have been sending out letters to taxpayers who they...

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