Author Archives: Simpson Accounting

Business Owners: Serious IRS Red Flag – Contractor’s Expense and 1099-NEC’s

Knowing who or what companies should be sent a 1099 from your company can be very confusing. On top of that, it can be difficult to determine what type of 1099 should be sent from your company to the contractor or vendor (1099-NEC, 1099-MISC, 1099-K, 1099-INT etc.) The most important 1099’s that need to be […]