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Updated about 8 years ago on . Most recent reply
1099 - expenses over $500??
I had a fellow investor mention the need to issue a 1099 to any "lllc owned company" who completes work, over 500. For example; your landscapers to a $501.00 project, the company is an LLC landscape Co. you pay him, then required to send him a 1099? Anyone have knowledge of this??