New 1099 Rules

We love a blog by Diane Kennedy at and she has a prediction of what is going to happen January 2012. The Internet will be clogged with “How do I do this?” type of questions about the new Form 1099 rules.

And the answer will be, “You’re too late. Look for the penalty notice from the IRS and as an added surprise – an IRS audit too!”

Read what she has to say…