De Minimis Threshold for 1099 Correction Reporting
Published on:
April 20, 2015
SIFMA provides comments to the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) to request the creation of a de minimis dollar threshold for Form 1099 corrections which will reduce reporting and cost burdens for both taxpayers filing corrections and the Internal Revenue Service (IRS) processing corrections.