in orbit

I mostly talk about video games and the world wide web

Dec202007

Well, Shit

Thanks to me being totally awesome I accidentally deleted the entire table that contained all my updates. It's not too bad because it was mostly filled with bullshit and also bullshit, but it's sort of like two years of work is now gone. I will find out if there are any backups but I am not holding my breath.

Of all the tables to accidentally write over this was by far the best choice. Ugh.
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As a tax preparer/instructor, I can say that you, Peter, did the RIGHT thing. You must rroept on form 1099-MISC any payments to a contractor of $600 or more. You can be in violation of IRS rules and also be penalized for not issuing the form along with not being able to claim the expense of the payment. The correct tax preparation software can and should be able to work around this issue and help your client to NOT be double taxed. Check with a tax professional before ceasing to issue this vital document. More and more people are being required to issue 1099 s of various kinds as the IRS wants to stop under the table transactions. To bad the honest tax payer gets caught in the cross fire but with proper information you and stay safe.

Jun. 28, 2013 (7:18pm EST)