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SO YOUR CLIENT HAS A JUDGMENT; NOW WHAT?BY JOHN FUNK, ESQ. Compensation for your client does not end with a judgment; it only ends when your client has successfully executed on that judgment by realizing
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Form 1099
Individuals, businesses, and other entities who have paid an individual or vendor a certain amount of income during the tax year
Provide the recipient's name, address, taxpayer identification number, and the amount of income paid in the appropriate boxes
To report income that was paid to individuals or vendors to the IRS for tax purposes
Recipient's name, address, taxpayer identification number, and amount of income paid
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