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Does registration also apply to professional services contracts (attorneys, engineers, architects, etc.)?

April 26, 2017architects attorneys contracts engineers professional registration Services

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Does registration also apply to professional services contracts (attorneys, engineers, architects, etc.)?

1 Answer

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Yes it does. A business is any organization that conducts a commercial activity for which it receives payment from a contracting agency. Individuals that are awarded contracts over the 15% bid threshold and receive IRS Form 1099 also have to register.