As Treasurer elect, I noted that prior boards did not issue 1099s. As a 501(c)(3), are we responsible for issuing 1099s to speakers we pay for Assemblies, etc.? There were a few paid last spring (2006), but a W9 was not attained. What if we aren't able to get one after the fact?
Also, should ALL check signers be bonded? Including the principal?