Do I submit a 1099-misc for our company to accountants, web designers, IT Tech (Consultants) for services rendered throughout the year?
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Anonymous
ANSWERS: 1
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You submit a 1099-misc to everone on your list who provides those services as an individual, partnersip or estate (so you don't need to submit 1099-misc to incorporated business). The only exception to not providing 1099-misc to corporations are to law corporations (you have to 1099 if they meet the $600 threshhold). "At least $600 in rents, services (including parts and materials), prizes and awards, other income payments, medical and health care payments, crop insurance proceeds, cash payments for fish (or other aquatic life) you purchase from anyone engaged in the trade or business of catching fish, or, generally, the cash paid from a notional principal contract to an individual, partnership, or estate; http://www.irs.gov/pub/irs-pdf/i1099msc.pdf
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