Great news for small businesses and rental property owners, the senate voted today to repeal the 1099 expanded reporting requirements! The 1099 repeal passed with a landslide vote of 87-12. The 1099 repeal (H.R. Bill 4 ) is expected to be signed by President Obama.
Jan
25
QuickBooks Tutorial: How to Prepare 1099 and 1096
Jan 31st is just around the corner. That means you only have a few days left to prepare and send your 1099′s. Most 1099′s must be mailed to your vendors no later than January 31, 2011. The quickest and easiest way to prepare your 1099′s is by using QuickBooks’ 1099 and 1096 Wizard. The QuickBooks 1099 and 1096 Wizard provides you with 4 steps to easily verify your information, review your data, and double check that your numbers are correct before printing your 1099′s.
Jan
11
Form 1099-Misc, What You Need to Know
It’s January and that means 1099′s must be sent to your subcontractors and vendors by the end of the month. If you operate a business, chances are you owe at least a few people a 1099. If you’re a sole-proprietor, partnership, or LLC you will probably receive a few 1099′s from your customers as well. … Continue reading »


