Payments In A New Year: When To report the income

Payments in a New Year: When to Report the Income?

WAIT A MINUTE!!! Why did I get a 1099 for monies I received in a following year? You did the work late in the year. You expect to get a check in that year, but actually receive the check just after th...

Wait A Minute—Is This 1099 Right? by Gary Weiss

WAIT A MINUTE!!! Is this 1099 Right?

Why you might get a 1099 for monies you received in a following year. The Issue As a CPA I come across this situation all the time. I have clients who will mail checks to pay their vendors on December...