FORM 1099-MISC FOR PAYEES IN REAL ESTATE SETTLEMENTS DO YOU REALLY NEED TO WORRY ABOUT THIS? Ed Generes / Sunday, January 24, 2021 0 191 We are often asked about the necessity of issuing an IRS Form 1099-MISC to entities and individuals receiving payments through real estate settlement transactions. The short answer is: Probably not, but read on. Read more
Louisiana Title Producers - Don't forget! Send in your affidavit to the LDI before December 31. Eric Generes / Friday, December 11, 2020 0 259 Act No 310 is effective January 1, 2021 "Affidavit of Resident Title Agency Producer" must be filed with LDI to certify the agency is in compliance with the Act. While there is no due date given in the Advisory Letter, it's probably a good idea to have it in by December 31, 2020 Penalties are not specified, but may be cancellation and reapplication. Read more
2020 1099-S Reporting Exemptions What to do when a seller claims exemption from 1099-S Reporting Ed Generes / Sunday, December 6, 2020 0 373 Will you face severe IRS penalties over 1099-S exemptions? Why take the risk? Read more
What We Do, How We Do It and Why The Case for Consultative Selling Ed Generes / Friday, October 9, 2020 0 448 Consultative selling is all about bringing value to the customer; it consistently places the customer’s pain/problems in primary focus. It effectively places the salesperson as a consultant to the customer. It is not about the product; it’s about learning the customer’s perceived needs and problems and determining if the product addresses those needs or not. Read more
Great News, Landtech is Here to Stay! Landtech is here to stay and our customers can rest assured that we are here to stay. Ed Generes / Wednesday, August 5, 2020 0 696 Read more