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Businesses and corporations must operate within government, state, and local regulations and guidelines. As such, ethical responsibilities may be exemplified through codes of conduct, civil rights, and social and acceptable standards in many areas. Many companies strive to go beyond legal requirements. Can corporations be held morally responsible? Individual responsibilityRead More →

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In general, you don’t have to issue 1099-NEC forms to C Corporations and S Corporations. But there are some exceptions, including: Medical and health care payments. Payments to an attorney. Why do corporations not get 1099? Form 1099-MISC provides information to the IRS that helps it track independent contractor incomeRead More →