If someone works for the company as an independent contractor, the company has no obligation to report the amount paid to the IRS.

Name: If someone works for the company as an independent contractor, the company has no obligation to report the amount paid to the IRS.
Brand: Quizplus
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Quizplus · Accepted Answer

If someone works for a company as an independent contractor and is paid more than $600 in a year, the company is required to report the amount paid to the IRS using Form 1099-MISC.

If Someone Works for the Company as an Independent Contractor