Should I issue two 1099 forms for an Independent Contractor that updated their EIN#?
When an independent contractor provides a new EIN, the employer should use the latest valid tax identification number when filing the 2020 Form 1099, without needing to issue two separate forms.
One of our Independent Contractor sent us a W9 with a new EIN#. Should I process two 1099 forms this year, one with the old number and another with new number? or Should I issue their 2020 1099 using their new#?