[PrintOwners] 1099 Info

[copythatnyc at aol.com]

I see some customers might see it as an inconvenience of doing business with companies.



Tommy


-----Original Message-----
From: Scott Cappel <smc at sorrentomesa.com>
To: Discussion List for Printing Business Owners Only <printowners at printweb.org>
Sent: Wed, 23 Jan 2008 11:04 am
Subject: Re: [PrintOwners] 1099 Info



***** This is a PrintOwners List Message *****?
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Its required because its the law.?
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You need to do the same for all clients that did more than $600 with you in a calendar year.?
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Once you have all your W-9's back from your clients, you need to send 1099's out to all who are not corporations.?
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The penalty is $50/1099 not sent out.?
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I would imagine most small printers are vulnerable regarding this issue.?
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S.?
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At 07:44 AM 1/23/2008, you wrote:?
>***** This is a PrintOwners List Message *****?
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>I got a request from a customer for me to fill out a W-9 so they >could send me a 1099 form.?
>Why is this required? It used to be only non-profits that wanted >this info. Now commercial customers also want it. WHY? It was once >explained that since they were employing my services, there needed >to be proof that I was not an employee. However, they make out the >ckecks to my business, and to me personally. Any explaination, would >be appreciated.?
>Bob Briggs, Evangel Printers, Bucksport, ME?
>?
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Scott Cappel?
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Sorrento Mesa Printing?
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