In Reply to message #365893 by DailyDigital
Member Member BBKLaw is not online, or is invisible.
4/1/2015 9:57:35 PM
BBKLaw Member #: 101276 Registered: 4/1/2015
Posted: 1 View all posts by BBKLaw
Company: The Law Office of Benjamin B. Kandy LLC Occupation: Attorney Location: Georgia
Re: Companies falsifying 1099's??
You might want to speak to an attorney with knowledge of employment law.

26 USC 7434 allows an individual to bring a lawsuit against "a person [who] willfully files a fraudulent information return with respect to payments purported to be made to any other person." A 1099 is an "informational return" covered by the law.

If a person sucesfully brings a claim under 26 USC 7434 they are entitled to the greater of $5,000 or a combination of actual damages (which include costs to fix any problems that come from the fraudulent returns), costs of the action, and attorney fees.

A good place to find an attorney in your area who knows about these types of laws is NELA.org.





The above is not legal advice and does not create any attorney client relationship

This member is a Regular Member.
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