Any U.S. operating business that facilitates a wide array of payment types to individuals or other businesses is likely subject to filing U.S. information returns (i.e., 1099’s).
As a filer of Forms 1099, it is also likely that a “B Notice” has been received from the IRS alerting that the Forms 1099 filed have errors with the names and taxpayer identification numbers (TINs) reported.
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