August 13, 2021 - 1:18pm
#1
A presenter at a recent conference mentioned issuing 1099's to employees who have defrauded the credit union and caused losses. I asked a CPA about this who mentioned it's not a norm and added that if you issue a 1099, you give up all right to collect in the future which may be a reason why it isn't the norm. Any thoughts or experience about this?
