Sunday, September 26, 2010

1099 Question

I have been reading about all of these 1099's. Does this mean that my salon customers that give me over $600 have to give me a 1099?


MJ, there has been a lot of misunderstandings about 1099's. The good news is that 1099's are just for business expenses not for personal expenses so you will not be getting 1099's from your clients.

Glad to help.

Larry Kopsa CPA