Below is a list of articles that appeared in our blog during the 2009 tax season.  As always, we welcome your articles for publication on our website where you can reach thousands of visitors eager to find free, informative articles on taxes, information returns, and payroll. Share you knowledge by sending an email to support@1099fire.com for inclusion in our blog.

Article Submission
Why are 1099 forms important?
What are information returns? 
When should you submit 1099 form?
The difference between contractors and employees.
How W-2 forms work. 

How can I get the red-ink IRS forms for FREE?
IRS 1099-MISC Form for Contract Workers. 

Test files for IRS FIRE
File name and format for IRS FIRE 

Who can and who must participate in IRS FIRE 
Test, Original, Replacement and Corrected File Types 
IRS FIRE File Status 
‘T’ record appears to have an incorrect tax year in positions 2-5. 
‘A’ record(s) contains missing/invalid Taxpayer Identification Numbers (TIN) in positions 12-20.
100 Percent of your 1099-OID ‘B’ records contain Tax Withheld Amounts, which appear to be excessive in relation to the Income Amounts reported. 

Your file does not contain a complete set of ‘T’, ‘A’, ‘B’, ‘C’ and ‘F’ records or the data is not information returns. 

What is Form 1042-S and Who Needs to Submit One? 
The Common-Law Rules That Determine Employee Classification 
Benefits and Disadvantages of Being an Independent Contractor 
Benefits and Disadvantages of Being a Telecommuting Employee 
Sequence number of your record is not in ascending numerical sequence 

Pros and Cons of Hiring an Employee 
Pros and Cons of Hiring an Independent Contractor 
‘A’ record(s) has corresponding ‘B’ records that are not coded properly for corrections. 

Truncate ID on Paper Payee Statements

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