TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


Business Loan 1099

February 14, 2011

Today TaxMama hears from Lucy in the TaxQuips Forum, who needs to know. “ I purchased a business in 2010 by giving the original business owner a down payment and then monthly payments thereafter. She is a limited liability company, but has dissolved th