No tax fraud for issuing Form 1099, Seventh Circuit holds

  • 0

No tax fraud for issuing Form 1099, Seventh Circuit holds

An insurance broker who issued a Form 1099 to a payee who never cashed the check for the payment reported on the 1099 did not commit tax fraud, the Seventh Circuit held, reversing a decision by an Illinois federal district court.
Source: Tax News
Read More here – No tax fraud for issuing Form 1099, Seventh Circuit holds