IRS Reporting Regulations Change for 1099-Misc

 

Keeping up with Tax regulation changes can be challenging. With every change comes a new form, or a change in an existing form.

If your business makes some payments via the 1099-MISC form, you’ll want to be aware of some changes that are in place for the 2011 tax year. The Intuit Small Business Blog details some of those changes, and offers you some information about how to handle the new forms.

Intuit is also working on making sure all of their customers have the right solutions for this compliance change.

Bernard Roesch About Bernard Roesch

Bernard Roesch is co-founder and Managing Partner of Mission Consulting. Bernard’s background in the early years of his career was spent in the manufacturing sector, making his QuickBooks perspective a unique one – he understands the intricacies of a complex environment and then applies his strategic skills accordingly.