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Receiving a 1099 is not the determining factor on whether you are self-employed or have a business. Your activity MUST still meet the IRS qualifications to be treated as a business. For over 15 years I was an IRS Revenue Agent (Field Tax Auditor) in the IRS Small Business & Self-Employed Division examining various industries with earnings anywhere from $0 to upper $60 million. I can tell you that no two businesses are the same and every business has a unique tax situation. Tired of always worryi
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