Notes
Notes, with the sources under them.
Written for this site. Each one cites the public page the fact came from. Nothing here is a news reprint.
- Can I prepay a fractional CMO in December and deduct it this year?
How the IRS 12-month rule treats a retainer paid before year end, when a prepayment has to wait for next year's return, and what to put in the agreement.
2026-11-13
- Do I have to send my fractional CMO a 1099 for 2026?
The new $2,000 threshold for 2026 payments, the January 31 deadline, and the cases where no 1099-NEC is needed at all.
2026-11-10