Tax Breaks

Nevertheless, distributors can still capitalize on the old mainstays of the tax form market. Forms such as 1099, 1098 and 5498 are utilized by financial institutions, mortgage companies and holders of IRAs. Said Johnson, “Wherever money is made, the federal government creates a 1099 for the payment of taxes. There is, therefore, a number of these depicted in our tax catalog. They are available in different formats including lasers, continuous, mailers and pressure seal.”