In this episode, host Pat Darby tackles the critical and often confusing world of 1099 forms. We'll break down exactly what 1099s are and why sending them correctly isn't just a paperwork chore—it's a crucial step to avoid costly IRS penalties. Pat will guide you through the most common and costly mistakes businesses make when filing these forms, and then provide clear, actionable strategies on how you can streamline the process to avoid these headaches entirely next year. Don't let a simple form trigger an IRS audit; get the facts you need to protect your business.

We discuss about:

• What are 1099s?
• Why do you need to send them?
• How can you avoid them for next year?