Are we promulgation 1099 Tax Forms? Here's how to make it easy. - Online services make it easier to remain compliant with 1099s.
If you’re a U.S. domainer that pays freelancers, contractors or a law firm, then you’re likely required to send out 1099s each year.
Fortunately, there’s an easy and cheap way to do it online.
First, here are examples of whom you need to send a 1099 to:
Your web guy you paid to fix up or work on a website
The landlord you pay rent to for your office
The law firm you paid during the year to respond to a UDRP or handle a cease desist
A ... read more ...
Tag Archives: irs
Thu 31st December 2015
Tue 3rd March 2009
1099 Tax Form Mistakes Make Tax Time a Mess -
Google, Commission Junction among this year’s screw ups.
If you’re an unincorporated domainer — that includes sole proprietors and limited liability companies — in the United States, January and February are the months of 1099s. Any company that paid you non-employee income of $600 or more is required to send a 1099 form with your total compensation paid during the tax year. 1099s are sent to the Internal Revenue Service and to you, and you’re expected ... read more ...
Tue 26th February 2008
The IRS Cares What Type of Domainer You Are -
Guest author Sandy K. Brooks, CPA writes about tax implications for domainers.
[Editors note: Don’t look at the calendar…tax day in the U.S. is less than two months away. If you’re puzzled about how to treat domains on your tax return, this article by Sandy Brooks, CPA, will help you. Brooks is the author of Domain Tax Guide, which has been updated for 2008.]
When discussing the tax implications of domaining, the first question that is often asked is, “Are ... read more ...