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As a business owner, you can’t just skip payroll conversations, and that includes the 1099s. Documentation and consistency will save you every time with the IRS because the burden of proof is always on the taxpayer.
Especially when you’re dealing with contractors, landlords, and attorneys, they are all part of your ecosystem and your team so you need a process for those people. You need to take it a few steps further than just making the deal on paying them and doing the work
And sometimes, a good little practical protection is all it takes to get you moving in the right direction.
In this episode, you will hear:
- What is a 1099 and when to use it
- Tools you can use to help you go through the process
- How to prep for your 1099
- Why you need to make sure you’ve got all the right information
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