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PENALTIES INCREASED FOR NOT FILING FORMS 1099
facpa.comNovember 2, 2015 page 1 of 4 PENALTIES INCREASED FOR NOT FILING FORMS 1099 Congress has increased the penalties for failure to file or late filing of Forms 1099 effective
PENALTIES INCREASED FOR NOT FILING FORMS 1099
www.facpa.comNovember 2, 2015 page 3 of 4 individual, partnership, or estate; !any fishing boat proceeds; or!gross proceeds to an attorney. In addition, Form 1099-MISC must be filed to report direct sales of at least $5,000 of consumer