Many think that if no 1099 is issued, they don’t have to report the income. This is not, in fact, true. We are supposed to report all income, no matter how small.





Comments


Written by businessavante
5058 days ago

This reminds me of George Harrison's "Taxman" from an early Beatles album. "If you breathe, they'll tax the air, if you walk, they'll tax your feet"! (A rough paraphrase - I haven't heard it in decades, but I like George playing the Gibson SG.)

businessavante



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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!