Financially Adjusted

#34: ALL ABOUT 1099'S


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January is here, and it’s 1099 season! Whether you’re a chiropractic or wellness entrepreneur managing your own 1099 forms or outsourcing to a professional, this episode will simplify the process for you. This is what I’ll cover:

  • What 1099 forms are and why they matter
  • Who needs to receive a 1099 from you
  • The two tricky factors: contractor business entities and payment methods
  • Tactical steps for organizing your 1099s, including W9 collection, bookkeeping tips, and filing deadlines
  • Tools and resources to make filing 1099s painless.

I’ll give you the practical advice and actionable tips you need to help you stay on top of this administrative task so you can head into tax season confidently!

 Helpful Resource: Free Estimated Tax Guide

Email me with any questions you’d like answered in future Q&A episodes!

Recommended payroll software (affiliate links):
ADP
GUSTO

Recommended bank and the one I use in my business (affiliate link):
RELAY BANK

QuickBooks Online is my go-to accounting software. Get an amazing discount (30% off for 6 months) when you buy with my affiliate link below.
SIGN UP FOR QUICKBOOKS ONLINE

My favorite budgeting app w/ an amazing free version:
EVERY DOLLAR BUDGETING APP

My preferred business credit card with cash rewards (affiliate link):

If you have healthy behaviors around spending with a credit card, this is a great one to use and earn cash back. It also links up well with QuickBooks Online. If you have unhealthy spending habits with credit cards, please avoid using one! You need to be able to pay it off monthly and not carry a balance. I use this one for my business and it makes paying bills simple.

CAPITAL ONE BUSINESS CREDIT CARD

Check out all my FREE financial resources in one place

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Disclaimer: This content is for educational and informational purposes only. Please consult with an accounting professional for direct advice based on your specific business situation.

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Financially AdjustedBy Leslie Roth