How will the 1099 submission process change for my company with the new Direct Payment Process?
There should be very little change. Your company is still paying the company listed on your invoice, so you will still issue 1099 forms as always. The only difference is that the Payee information will be contained in the 1099 Information report found on the Reports Tab of the new CGDP portal.
Last Updated: 08/17/2015