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In this video, Ginny Silver addresses small business owners who employ independent contractors. She explains the requirement to issue a 1099 form if an independent contractor is paid $600 or more in a taxable year. Ginny emphasizes that she is not a CPA or tax preparer, and her video serves as a resource to help navigate the confusing aspects of tax requirements for small business owners. She clarifies that if you hire individuals as independent contractors rather than employees, filing a 1099 NEC (Non-Employee Compensation) is mandatory for payments exceeding the specified amount.