Quote:
Originally Posted by SuckOnThis
Only independent contractors that perform work for you that are not a corporation are 1099'ed.
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But... how do I prove to the IRS that I indeed paid all those thousands of dollars for processing fees? Isn't it better to 1099 them? I just found this online, from a CPA:
"You don't have to give a corporation a 1099, but if it is a very large item on your profit and loss statement, you can def give a 1099. Actually I would recommend you do.
Greg Freyman, CPA"
on this page:
https://www.askmehelpdesk.com/taxes/...9s-176600.html