Report From the Trenches: A Solution to the Hotel 1099 Issue
January, 2003
Complicating the 1099 issue even further is the fact that individuals or partnerships own certain hotels even though the hotel may carry a brand name. Thus, a payment for a stay at a Marriott or Holiday Inn made by credit card may necessitate the issuance of a 1099. But how is the accounts payable professional making the credit card payments supposed to divine this information? We raised this issue with our readers and there were several Managing Accounts Payable subscribers who had devised solutions.
2009
