Evicting a tenant is a time-consuming and costly process. However, it is worth the time and cost to start generating income on your rental property as quickly and efficiently as possible. It is vital to avoid the common mistakes landlords make while attempting to evict a tenant.
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The 1099-MISC contains a number of standard fields, or boxes, in which the payer enters only information that is relevant to a recipient’s particular situation. The following is a quick overview of the information you will need to enter in the boxes. For more detailed information, you should consult the IRS’s instructions for filling out the 1099-MISC form.
The W-2 is simple and straightforward. You enter information that is already available from payroll and personnel records. You will also need to have some information about your business, such as an Employer Identification Number (EIN) and, in most cases, a State ID Number. The fields on each W-2 form are the same. However…
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