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SingleSource News & Updates

1099 Requirements

Donald Dymer

It appears there may be confusion amongst  us concerning the requirements for the submission of Form 1099 to vendors.  The 2010 Patient Protection and Affordable Care Act and the 2010 Small Business Jobs Act made new rules that meant we would be sending 1099’s to everyone and his dog.

However The Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011 REPEALS THEM  and it is retroactive maintaining the old Status Quo that 1099’s are NOT required for payments to bona fide companies and are only needed for payments of over $600 to others.

News & Events
1/22/2015
SingleSource Is Now a Service Offering of ClearStar, Inc.
10/14/2014
October 12-14 Single Source at National HCAOA Conference, Kansas City
"“Thank you so much for the screening services that SingleSource provides to @WORK Personnel & Medical Services! By using your services we have been able to effectively streamline our hiring process. SingleSource has limited the time it takes to bring our employees through @WORK’s stringent credentialing process, all while providing us with a cost-effective solution to our screening needs! Now with SingleSource Services’ HR Verification service we stand to position ourselves further ahead of the competition; Thank you SingleSource Services!”"

Jason Leverant
@ Work Personnel & Medical Services
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SingleSource Services
A Service Offering of ClearStar Incorporated
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5955 Shiloh Rd E | Suite 104 | Alpharetta, GA 30005-8375 | USA
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