Information Return Intelligence
Episode 29: Powwows, Prizes, and 1099s: Lessons from a 2026 IRS Ruling
11:05
In this episode of Information Return Intelligence, Jason breaks down a recent IRS private letter ruling that answers a deceptively simple question: Do tax-exempt organizations still have 1099 reporting obligations? The ruling involved a Native American tribe that awarded prize money at a powwow and questioned whether those payments required Form 1099 reporting. The tribe made three key…