Re: Self-employed consultant questions

1099s are not required for S-corps, so I highly forming one.
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> On Mar 8, 2016, at 6:24 PM, Kristen Henry <klhnry@xxxxxxxxxxxx> wrote:
>
> The law says that a 1099 must be issued if you pay someone more than
$600
> per tax year.
>
> Kristen
>> On Mar 8, 2016 5:04 PM, "Dan" <dan27649@xxxxxxxxx> wrote:
>>
>> This is all very interesting. I wonder how these companies deduct your
>> compensation for their tax purposes if they're not filing 1099s. Also,
I'm
>> surprised that variations in your reported income from year to year
doesn't
>> raise IRS audit flags.
>>
>> In my case, this is a full-time, single gig. Can't say for certain
that
>> I'd like to do this extremely long term where I'm juggling clients.
>>
>>> On Tue, Mar 8, 2016 at 5:30 PM, Paul Nelson <nelsonp@xxxxxxxxxxxxx>
wrote:
>>>
>>> Same here. When I asked, they have said that the paperwork is a PITA,
so
>>> they tell the IRS they don't use private contractors. Given the
>>> embarrassing
>>> problems they have these days, the "gubmint" boys at the IRS have
bigger
>>> fish to fry (like avoiding prosecution themselves).
>>>
>>> I got a total of 3 1099's for last year's work.
>>>
>>> Paul Nelson
>>
>>
>> <#469173129_DDB4FAA8-2DD7-40BB-A1B8-4E2AA1F9FDF2>
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