Are Clients required to issue a 1099 for their Experts?
No, Clients are not required to issue a 1099 to the Expert. When independent contractors are paid through an exchange such as Graphite, a Form 1099-K is required if the exchange processes over 200 transactions and over $20,000 to an individual contractor in a given calendar year. Graphite takes care of this Form 1099-K reporting requirement.