Mystified by the 1099?

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How many times have you heard the term “1099,” or “subcontractor” and been totally mystified?

Have you ever submitted a 1099 form to a vendor you paid from your equine business? 

Did you know there are different types of 1099 forms and submitting the wrong one could cost you expensive penalties? 

Do you know who, of your vendors, are supposed to receive them from you?