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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
"I wanted to let you know how wonderful your service is. Recently I sent SingleSource the information from several applicants. Some of the applicants failed to disclose information that makes them ineligible for hire. Because of fear of litigation, many companies will not give references for previous employees; so I recently started using SingleSource to verify previous employment. There is a world of difference when you have that additional information to help you make personnel decisions.  SingleSource helps me make better personnel decisions, which helps our company grow and provide quality service. When I can hire with confidence, I gain peace of mind and I am able to reduce my liability."

Denise Wartan
Trads of Jacksonville
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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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