Cash discount?

5 Replies

Yeah just go ahead and tell them upfront that you're going to be sending a 1099 so you can start working on finding a new contractor.  lol

You should pay what the job is worth, take any discount you can get, but don't mess with the IRS along the way.

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Thanks for your response.  They wanted cash because they are on a shoestring budget.  I have receipts from the company (not an individual, but a business)  for all payments. I'm pretty sure a 1099 is not required under these circumstances.  I can't find anything to the contrary.   Am I missing something?  Thanks!