New 1099 requirements from the IRS
Hi everyone,
It's Shelly here from Little Square.
As you may have heard, the IRS has new requirements for the 1099-MISC form. For the 2011 tax year, some forms of payments from 1099-MISC will be reported on a new third-party form 1099-K. You can find out more here: payroll.com/1099
Now the important part: Don’t panic! We’re here for you. We’re making changes in QuickBooks to support these new requirements and help you with this transition. Details are coming in an email you’ll be soon. We’ll be updating Little Square regularly as we continue our progress, so you can also go there or follow us on Twitter (@QuickBooksMac) or Facebook (http://www.facebook.com/QuickBooksMac).
