"Avoiding 1099 Pitfalls: A Guide to Year-End W-9 Collection"
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"Avoiding 1099 Pitfalls: A Guide to Year-End W-9 Collection"
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About this listen
Join Tonya Schulte from The Profit Constructors as she explores effective strategies for handling 1099 forms and collecting W-9s at the end of the year. Discover the importance of prompt communication with vendors and the consequences of backup withholding if necessary documentation isn't provided. Learn why documenting your attempts to collect W-9s is vital in case of an audit, and how implementing a robust policy can safeguard your company moving forward. These essential tips will help ensure a smoother and more compliant year-end process. Don't miss out on key strategies to avoid administrative nightmares!
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