Understanding the Relationship between Disregarded Entities and 1099s
Does a disregarded entity receive a 1099? If a company has a single member or owner, it is considered a “”disregarded entity”” by the IRS for tax purposes. As a disregarded entity, a single-owner LLC should receive a 1099-MISC form for business services they perform-unless it has chosen a different filing status. Read more on … Read more