Are HRAs always appropriate for sole proprietors? Usually, but not always.
The IRS says businesses must issue 1099s to veterinarians, even if the vet is incorporated.
Does a business need to issue a 1099 to an incorporated veterinarian for veterinarian services? The IRS says yes.
NOTE: I write this post in 2014, so be aware of its age. The content is still useful. —– In an ideal world, small business owners would review financials statements and budgets on an ongoing basis. In the real world, the day-to-day struggle of running a business, paying bills and keeping customers happy causes the […]