Re: Question: 1099 status and agencies

Subject: Re: Question: 1099 status and agencies
From: DURL <durl -at- BUFFNET -dot- NET>
Date: Wed, 3 Jun 1998 17:32:25 -0400

The only Federal Tax ID number I know of is the Employer
Identification Number, or EIN. (at least in reference to business
taxes...there may be others for trusts and other taxpaying entities).
However, at least in NYS, an EIN won't let agencies or clients off the
hook as
far as providing taxpayer information to the IRS. Unless you're a
corporation, with the expenses that entails (i.e., cost of incorporation
and corporate tax), the agency/client still has to issue you & the IRS a
1099 to let the IRS know what the agency/client pays you.
If it were me, I'd pursue this w/ the agency & find out what they
think they're getting for a 1099 and a company name. I can't see how it
solves the problem, unless they're just looking for ammo in case the IRS
checks to see if you're a statutory employee or not. Ask. Call the IRS,
too.
Mary

Mary Durlak Erie Documentation Inc.
East Aurora, New York (near Buffalo)
durl -at- buffnet -dot- net

On Wed, 3 Jun 1998, Bergerson, Carl A wrote:

> It is simple to get a Federal Taxpayer ID number. I think it lets the
> IRS know that funds the agency disburses to that account are responsible
> for all the taxes. I used that a couple of years ago when I
> sub-contracted to a business that had the contract to do some
> documentation for yet another company.
>
> I did not need a company name in that instance.
>
> Carl Bergerson
> Mission Viejo
> Product Information
> carl -dot- bergerson -at- unisys -dot- com
>
> > ----------
> > From: Christine Davis and Ron
> > Sering[SMTP:cdavis -at- CARBON -dot- CUDENVER -dot- EDU]
> > Sent: Wednesday, June 03, 1998 1:43 PM
> > To: TECHWR-L -at- LISTSERV -dot- OKSTATE -dot- EDU
> > Subject: Question: 1099 status and agencies
> >
> > Hello all! Glad to be back on the list. They closed the field office
> > where
> > I worked, and I'm trying to hit the trail as a contractor. I'm trying
> > to
> > get independent work on 1099 status, and so far it is not easy. I've
> > discussed doing 1099 work with a couple of agencies, and they are
> > absolutely not interested. They tell me I need a company name and Fed
> > tax
> > ID number. That is not 1099 status as far as I can tell, but then what
> > do
> > I know? This could just be a way for agencies to dodge the issue, who
> > knows? Is it equally difficult to contract directly with clients on a
> > 1099
> > basis?
> >
> > Any commments, private preferably, would be appreciated. I will
> > summarize
> > on the list later on.
> >
> > Thanks!
> >
> > &^~~~
> > Send commands to listserv -at- listserv -dot- okstate -dot- edu (e.g., SIGNOFF
> > TECHWR-L)
> > Check out topic summaries at
> > http://www.raycomm.com/techwhirl/topics.htm
> >
> >
>
>
>
>




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