Comments on: Ask the taxgirl: Timing of payments http://www.taxgirl.com/ask-the-taxgirl-timing-of-payments/ Paying taxes is painful... but reading about them shouldn't be. Sun, 12 Feb 2012 17:55:29 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Simon http://www.taxgirl.com/ask-the-taxgirl-timing-of-payments/comment-page-1/#comment-26378 Simon Mon, 06 Feb 2012 19:31:41 +0000 http://www.taxgirl.com/ask-the-taxgirl-timing-of-payments/#comment-26378 I run into a somwhat similar situation frequently where both sides are the table are seemingly right. A simplistic example: say my corporate tenant issues a rent check in late December for January rent (I receive it in January as well). We're both on a cash basis. They post their rent expense in their books for Year "x", while I, of course, will post that January income in my books for Year "x+1". Their 1099 won't reconcile with my books. This kind of scenario must happen all the time. Is there a standard rule-of-thumb? I run into a somwhat similar situation frequently where both sides are the table are seemingly right. A simplistic example: say my corporate tenant issues a rent check in late December for January rent (I receive it in January as well). We’re both on a cash basis. They post their rent expense in their books for Year “x”, while I, of course, will post that January income in my books for Year “x+1″. Their 1099 won’t reconcile with my books. This kind of scenario must happen all the time. Is there a standard rule-of-thumb?

]]> By: Caroline http://www.taxgirl.com/ask-the-taxgirl-timing-of-payments/comment-page-1/#comment-8700 Caroline Wed, 04 Feb 2009 17:09:36 +0000 http://www.taxgirl.com/ask-the-taxgirl-timing-of-payments/#comment-8700 My company sent a 1099 to an employee for a bonus check in error. The 1096 has been sent to the IRS already so they have a record of the 1099 for the employee also. How can I correct this error? Thank you- Caroline My company sent a 1099 to an employee for a bonus check in error. The 1096 has been sent to the IRS already so they have a record of the 1099 for the employee also. How can I correct this error?

Thank you-

Caroline

]]> By: Ask the taxgirl: Incorrect 1099 http://www.taxgirl.com/ask-the-taxgirl-timing-of-payments/comment-page-1/#comment-6432 Ask the taxgirl: Incorrect 1099 Thu, 17 Apr 2008 12:34:44 +0000 http://www.taxgirl.com/ask-the-taxgirl-timing-of-payments/#comment-6432 [...] I would contact the IRS and advise that the 1099 is not correct. Check out this prior post for the phone number and what to have handy when you call. [...] [...] I would contact the IRS and advise that the 1099 is not correct. Check out this prior post for the phone number and what to have handy when you call. [...]

]]> By: Ask the taxgirl: independent contractor and employee in the same year? http://www.taxgirl.com/ask-the-taxgirl-timing-of-payments/comment-page-1/#comment-6434 Ask the taxgirl: independent contractor and employee in the same year? Tue, 15 Apr 2008 01:08:40 +0000 http://www.taxgirl.com/ask-the-taxgirl-timing-of-payments/#comment-6434 [...] If you did not receive any reporting forms, you need to contact the company. If they won’t issue a proper form, then you need to contact the IRS. You may want to read my prior post on the subject. [...] [...] If you did not receive any reporting forms, you need to contact the company. If they won’t issue a proper form, then you need to contact the IRS. You may want to read my prior post on the subject. [...]

]]> By: Ask the taxgirl: Reporting 1099-MISC income http://www.taxgirl.com/ask-the-taxgirl-timing-of-payments/comment-page-1/#comment-6433 Ask the taxgirl: Reporting 1099-MISC income Mon, 14 Apr 2008 09:25:40 +0000 http://www.taxgirl.com/ask-the-taxgirl-timing-of-payments/#comment-6433 [...] For more information about forms 1099-MISC and timing, see my prior post on the subject. [...] [...] For more information about forms 1099-MISC and timing, see my prior post on the subject. [...]

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