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[8 Jan 2011 | 3 Comments | 1,897 views]
Landlords Association of Arkansas clears up confusion

Well, it seems that both the federal Patient Protection and Affordable Care Act (i.e., health care reform) and Small Business Jobs and Credit Act are causing some confusion.
One could dedicate a lifetime trying to clear up all the confusion created by those two massive acts, but we’re interested in just one issue today — 1099 reporting requirements as they pertain to landlords. A 1099 form, quite simply, is what the IRS requires businesses to file when they make payments to certain individuals for services totaling more than $600.
For a classic …