Beechjet guys

[coloneldan]

Hey PHX, I'm sure NBAA would have something on it. I think we first read about it in Aviation International News. It would have been in an issue from late last year or early this year. I'll try to find out exactly when and post it.

The article talked about a major corporation here in the US that got in trouble with contract pilots. The corporation was sending out 1099's and everything that everybody has been doing for years. Everything the infernal revenue nazis have always wanted. For what ever justification they came up with, they said that isn't good enough. If the pilot is not incorporated and the corporation doesn't withold, even if it is a one day deal, the corporation is guilty of tax evaision. It doesn't seem like it would be tax evaision to me either, as long as the pilot reported it and paid the taxes. If he didn't, then it would be the pilot's neck. The whole deal to me sounds pretty stupid. I mean, what IS a 1099 for? Are they for wallpapering the den? Does this mean that if we hire someone to paint the house, we have to get an Employer Identification Number and withold taxes from the bill he gives us?

It's just another example of the Government run-amuck. :uzi:

 

[coloneldan]

Here is a link to the article in AIN.

www.ainonline.com/Issues/03_06/0306_irs_10.htm

Looks like another head ache for us. I think I'll go do something simple like be a brain surgeon.

 

[PHX767]

Wow!

Thanks for the link, Dan.

What a mess! I'll forward this to our HR guys. Oh what a headache.

And I guess I should file quarterly tax returns... More fun.

Thanks for nothing, IRS!!!

:angryfire