If you use independent contractors to perform services for your business or rental and you pay them $600 or more for the year, you are required to issue them a Form 1099 after the end of the year to avoid facing the loss of the deduction for their labor and expenses.  (This requirement generally does not apply for payments made to a corporation.) Many small business owners and landlords overlook this requirement during the year, and when the end of the year arrives and it is time to issue 1099s to ...