Tag Archive: "form 1099"
-
Issuing a Fraudulent Form 1099 Can Cost You Money
When a farmer makes certain payments to service providers and other vendors, they are normally required to issue a Form 1099 if the total amounts paid exceeds $600 in a year. Normally, this is a very straight-forward process, however, if the farmer willfully files a fraudulent form 1099, the penalty for this can be very […]
-
Is Your Contract Labor Really Wages?!
I came across an article in Accounting Today recently discussing states clamping down on misclassified employees (Independent Contractors v. Employers). While this article focuses on the construction industry, it certainly applies to the agriculture industry as well. Basically, what the employer v. independent contractor boils down to is who is required to pay employment / […]