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Form 1099-MISC: Payments to Independent Contractors

January 9, 2015,

One of the challenges of owning a small business is how to manage the numerous tax forms required when paying for services.  The one tax form that is used most frequently is the 1099-MISC for payments to independent contractors.  This form must be submitted for any payments totaling more than $600 to any one contractor for the year.

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