Tax
Dec. 13, 2018
Ready for Forms 1099? If you receive or issue them, watch out
Internal Revenue Service Forms 1099 usually arrive in January, and serve to kick off the tax season. If you receive them, they tell you to report income paid in the last calendar year. Issuing them isn’t any fun either.
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
Internal Revenue Service Forms 1099 usually arrive in January, and serve to kick off the tax season. If you receive them, they tell you to report income paid in the last calendar year. Issuing them isn't any fun either. Forms 1099 are issued by businesses (including law firms) for the preceding calendar year.
In general, Forms 1099 must be mailed to taxpayers no later than Jan. 31 for payments in the preceding year. Copies must be s...
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