I know a 1099 is needed for anyone paid over $600, but what if, for argument sake, one cannot 1099 the contractor because they refuse or don't have a SS#, etc. What are the penalties for this beside not being able to expense the transaction? What does the IRS do?

Hai, Just I proposed to buy one 500 GB Hard Dist for my Win XP/1GB RAM PC to store more data. Kindly clarify which is the best one Internal or External ? Tks Balakumar

I recently had an accident and the other driver was at fault. At the time we were waiting for the cop, he had told me that he didn't have his new insurance card and that he had a warrant out for his arrest for not paying a parking ticket. The accident took place in a store parking lot, so after I...

Hi, I am a citizen of India and filing my taxes as a non-resident for 2006. 1.> I received 1099-G of my 2005 state tax refund. In my 2005 federal tax return I had used the standard deduction on line 11 of 1040NR-EZ i.e "Itemized deductions" line since it is entitled to students from India. Is...