Do I have any liability if I issue a 1099 to a contractor but they fail to report it or file their taxes?
Thanks for your input.
Nope. Your job is done so long as you properly and timely issue the form 1099 to the independent contractor and file the associated paperwork (in most cases, a form 1096).
If the taxpayer fails to file, that’s on him (or her). The same would be true for an employer who issues a form W-2.