Tip #64: Get it Together
by Thomas F. Scanlon, CPA, CFP®.
Landlords should be gathering the information they need to complete IRS Form 1099 now.
If they hire any unincorporated business and pay them more than $600 they are required to issue a 1099.
This could be for lawn service, snow removal, repairs and maintenance.
Thomas F. Scanlon, CPA, CFP®. is with Borgida & Company, P.C., Certified Public Accountants in Manchester, Connecticut, celebrating 44 years of tax, advisory and accounting services. Call 860.646.2465 for more.
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