Prepare IRS 1099 form

01/18/2012 - 01/27/2012

The IRS requires all businesses to document non-employee payments larger than $600 made to individuals or other businesses during the year. A 1099 form, detailing the amount of money paid, the type of payment and the payee's name, address and tax information, is sent to the payee and to the IRS.  A copy of the form is due to the payee by the end of January.

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