What Happens if Your 1099 is Incorrect and You Files a False Tax Return in 2022?

Each year millions of 1099s are issued incorrectly, yet most of us do not know if ours are correct or not. In this video, I share what you need to know, and how to keep track monthly so you are not hit at the end of the year wondering if you're is correct.

I also cover the 9 types of income or benefits that may show up on your 1099 that you are not aware of.

For additional information on your 1099, and how to better read it, check out the IRS website - https://www.irs.gov/forms-pubs/about-form-1099-misc

I also suggest locating a bookkeeper or tax professional that fully understands your specific business and tax situation. If you are an investor or trader in cryptocurrency, I strongly suggest finding someone who fully understands the crypto industry.

If you are in direct sales, MLM, Network Marketing, Social Selling, Influencer Marketing, or whatever you are calling yourself, you find a bookkeeper or accounting firm who can guide you in your accounting and how to protect yourself from an IRS audit.

#IRSAudits #MainStreetBusiness #AnswersThatCount #TroyDooly

Troy Dooly is an inspirational visionary! He is an Ambassador for Purpose Driven Communications and Wisdom Journalism.

Dooly specializes in Purpose-Inspired Communication, Regulatory Affairs and designing cultures to enhance the customer experience and increase shareholder value, by guiding C-Suite teams and independent sales & marketing organizations as they craft their true message for making a real difference in the lives of the people they serve.

Dooly's articles, videos, and radio shows are some of the most quoted, viewed, downloaded and back-linked across the internet. Dooly is recognized internationally as a thought leader in the areas of communications, leadership values, marketing strategies, and culture development.

The phrase “Living An Epic Adventure” is more than just words to Troy, it is his creed! He is dedicated to showing everyone he comes in contact with that; the Epic Adventure begins when they leave their comfort zone behind!

http://troydooly.com/disclosures/