On this episode, we’re joined by Shannon Sand, an agricultural economist with the University of Nebraska-Lincoln’s Center for Agricultural Profitability. She recently wrote an article about IRS requirements for issuing 1099 forms — a topic that’s especially relevant for farmers and ranchers this time of year. Whether you hire independent contractors, rent land, or make other payments that could require a 1099 filing, it’s important to know the rules to avoid potential penalties.

Article: https://cap.unl.edu/news/who-needs-fill-out-1099-sand-250203/