Just did a quick google to see what the 1099 is about, and surprise surprise...all the 'facts' that have been given so far in this infamous thread don't seem to be correct... http://www.irs.gov/instructions/i1099msc/ar02.html read for yourself...it isn't $500 for some stuff, it's $600...and it's direct sales of at least $5,000 of consumer products to a buyer for resale anywhere other than a permanent retail establishment. So before everyone gets all upset and in a dither, I think I said this way back when the
thread first popped up...get the facts first!Time for this whole thread to go away...same thing happened with the proposed health coverage bill-everyone got all in an uproar about going out of business with added expense, etc. when it didn't affect the 'small' businesses like us at all! It's summer time-ignore politics, enjoy your weekends and get out in the sun after work-everyone needs that sunshine to dry out your brain cells and forget about details!
Roland R. Irish III www.sunrisegraphics.org signman@xxxxxxxxxxxxxxxxxxx Sunrise Graphics 116 Main St Claremont, NH 03743 603-543-1324 Check out our 'instant' catalogshttp://www.companycasuals.com/sunrisegraphics/start.jsp clothing and accessories for embroidery & screenprinting
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