Subconsultants certainly require 1099's; but did you also know you're required to send them to your Landlord and your Lawyer as well?  Rents actually get reported in box 1 and attorneys are due a 1099 misc for any funds $600 or more. As many of us are aware 1099 miscellaneous forms are typically given to subconsultants that are not incorporated.  For example if you higher a Graphic Designer and pay them $600 or more during a fiscal year you'll need to send them a 1099 misc by January 31st.  O...

No, but sometimes.... Small Businesses can operate under their primary owners Social Security number. What if you don't want to take a check in your name but rather your businesses name.  Well then just register your business as a DBA (Doing Business As) with your local town for an incidental fee and open a checking account in that name.  You are now operating as a DBA under your personal security number. Doesn't work for partnerships though they must register as an LLC - Limited Li...