What would be a appropriate tax tag line in charts of accounts for non employee account.
- posted
16 years ago
What would be a appropriate tax tag line in charts of accounts for non employee account.
How about Contract labor? Don't forget to include this account in the 1099 preferences.
That depends on the type of service performed by the outside contractor.
What if the 1099 is issued to the accountant, lawyer, IT consultant, landscaper, snow removal guy, plumber or for rent paid?
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Then you could have accounts for: Accounting services Legal services IT services property maintenance (lawn and snow) repairs (plumbing) rent
Just be sure to map all the 'multiple accounts' for the 1099s.
The question was retorical.
Michelle L. Long, CPA, MBA Author of "Successful QuickBooks Consulting: The Complete Guide to Starting and Growing a QuickBooks Consulting Business"
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