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Learn how to pay your Vendors & Independent Contractors to avoid extra IRS paperwork as well as avoid potential IRS penalties. We go over strategies to pay vendors to avoid issuing a 1099. As well as, if you do owe a 1099, what you need to get from your vendor so that you are compliant with the IRS. At the end, we discuss changes from 2021 to 2022 IRS rules.
 By Patrick Darby
By Patrick Darby5
1919 ratings
Learn how to pay your Vendors & Independent Contractors to avoid extra IRS paperwork as well as avoid potential IRS penalties. We go over strategies to pay vendors to avoid issuing a 1099. As well as, if you do owe a 1099, what you need to get from your vendor so that you are compliant with the IRS. At the end, we discuss changes from 2021 to 2022 IRS rules.