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We frequently receive inquiries from clients regarding discrepancies on their 1099-MISC forms, where the reported amount includes the full amount rather than the actual amount received by the clients after accounting for the attorney’s share. As a result, clients are burdened with higher taxes.
Issue: Clients are being taxed on a portion of funds they never actually received. How can we rectify this issue?
Below are the recommended steps to address this matter:
Our Assistance:
Should you find yourself grappling with similar scenarios and require expert guidance, feel free to contact us below. We possess the experience and expertise to manage such circumstances and secure the maximum tax advantages when filing your taxes.
Call us today at (866) 681-2140, email us at info@dimovtax.com, or fill out the form and we’ll get in touch immediately.
Dimov Tax is rated 5 stars on all major review platforms including Google, Yelp, Facebook, Angie’s List, Better Business Bureau, TaxBuzz, Thumbtack, Upwork, Bark, and much more.
Call us today at (866) 681-2140, email us at info@dimovtax.com, or fill out the form and we’ll get in touch immediately.
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