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Precision Computing Arts / Fastwebdev Blog
Precision Computing Arts / Fastwebdev Blog

Welcome to the Precision Computing Arts / Fastwebdev blog. We use this blog to post interesting news about our Sitebuilder web hosting and content management system (CMS). As with other blogging systems, blog articles from our system are indexed in Google and other search engines within a week or two.

(Customers can set up and maintain similar blogs on any Sitebuilder websites that we host.)

Wednesday, August 10 2016
* Question about 1099s

Information current as of August 2016:

You ARE NOT REQUIRED by the Internal Revenue Services (IRS) to file FORM 1099 Information Returns if you are engaged in a trade or business and the payment was made to another business that is incorporated, or the sum of all payments made to the person or unincorporated business is less than $600 in one tax year (unless the recipient is an attorney or law form). Otherwise, you may be required to file FORM 1099.

For specific details, please see https://www.irs.gov/uac/about-form-1099misc and https://www.irs.gov/businesses/small-businesses-self-employed/am-i-required-to-file-a-form-1099-or-other-information-return. Also consult your tax professional if you have questions.

NOTES:

  1. You do not need to complete a FORM 1099 for your web hosting service, because these payments are made to a corporation (EZOT, Inc.).
  2. Website consulting and support are being handled by PRECISION COMPUTING ARTS, LLC (an LLC, not a corporation, owned by Larry Gotkin), so you may need to complete FORM 1099 for consulting and support services.

» Read more

Posted by: Precision Computing Arts AT 05:33 am   |  Permalink   |  Email
Wednesday, April 09 2014
* New Features: Cool Tools / Sitebuilder System Update 4.9
  • Site Builder (CoolTools) System Update 4.9 is coming soon or is already available (roll-out may take a bit of time to reach all customer websites). This update has some great new features. As with all automatic updates, there is no extra charge for this upgrade. 

» Read details of Site Builder System Update 4.9.

Posted by: Precision Computing Arts, Inc. AT 12:42 pm   |  Permalink   |  Email
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