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Corporate Taxes Compliance 1099s

Goulston & Storrs PC

New Trade Act Hikes Penalties for Information Return Failures

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The newly-enacted Trade Preference Extension Act boosts the penalties for failing to provide accurate information returns to the IRS and payees – such as Forms W-2, 1098, and 1099, as well as Forms 1095-B and 1094-B. The...more

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