Notary Spot 1099

This is a JOKE, THE NOTARY SPOT has issued me a 1099 to include the total amount in which I should have been paid ($925). However they actual paid me $525.00. Therefore, they just committed fraud against the IRS.

I have reached out to my Senator Ted Cruz in Texas to schedule a meeting with him or his staff concerning Notary Public laws which are governed by the state legislation office. Please include all sorts of scenario’s for me to discuss with the Senator and or his staff.

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Why not just contact them and request a Corrective 1099…

A raise in fees would be nice too, at least to $10.00, I don’t know how long it’s been at $6.00! Can he mandate that all Texas mobile notaries thru SS must not be lower than $100.00​:smiley::+1::wink:

LindaH,

This is the Notary Spot I am talking about, I have exhausted all avenues to recover compensation owed. They don’t want to be found. The compensation figure on the 1099 is technically correct, however they have not paid me $400.00 of my hard working dollars.

I will only irritate myself by reaching out! These outstanding fees are from August 2016, I have called, emailed, left messages, and sent certified mail that was returned in Nov 2016. At this point, I am writing the $400 off and calling IRS to inform them of the fraud committed. This will spark an investigation and Michael Tomlinson will be stopped.

Your response threw me for a loop, google them. They have stiffed us (notaries) for thousands.

It won’t hurt to ask :grin:

The compensation figure is NOT correct if you were not actually compensated that amount. That is only the amount that you billed them. They cannot claim to have paid you that amount if they, in fact, did not pay. Check with your tax professional. There is a way to address this with the IRS. (Don’t ask me how I know. UHHGGG!)
And, I wish you the very best with your representative. Sounds like a good avenue to approach the situation, let us know how it turns out.

Can you please share the address / name etc listed on W-9 from the issuer.
We can file additional lawsuits in our states

Also the owner Michael Tomlinson should go to jail.

Ted Cruz is federal … Notary law is governed by state.
Hence contact your local State Senator. That is the right authority to approach to make changes to notary fee, notary law etc. This will take time, but likely yield more lasting results & changes to notary law.

You have to lobby the state for law changes, punishments and other deterrents. I don’t know the Texas constitution, but a state legislator should be able to sponsor you law.
Did you know that is how laws are made. Someone makes a draft of a law, gives it to a friendly senator to introduce it… They debate on it , then it becomes a law. You have to create enough support throughout entire Texas and ask all notaries to sign up your petition. Drum up support … Heck !! you may become famous :smile:

1 ) Ask for revision of Notary fee. Ask for $15 per signature

2 ) Ask for rule change that Notary fee must be paid , irrespective of loan consummation or cancellation.
In this case the Borrower or Lending officer or Title is responsible.

3 ) The beneficiaries for a notarized transaction are jointly liable for payment. ( Borrower / or loan company which collects from the borrower the notary fee.) So the escrow / settlement officer should pay the notary directly for services procured, even if they hire a scumbag signing company, the title or borrower directly pays you (notary) .

  1. In case of default of notary payment for services rendered ( Whether loan closes or not) the responsible parties should make due within 30 days or face penalties of 18% or more compounding. Any payment past due for 60 ( or 90) days should be considered theft. As such should be treated petit larceny or what even legalese they use. This is a misdemeanour

  2. Accumulated defaults by a company / person from various notaries should then be upgraded to more severe charges

  3. Notaries by default should be able to hold a lien on such defaults and until the notary is paid, such LIENS will Not be discharged and continue to accrue %18 interest compounding.

NOTARIES MUST UNITE … Otherwise this plunder continues.
Now you may need a lawyer , or a senior paralegal to properly phrase and form your law and present it to the STATE SENATOR and explain to them why you need this tabled, debated and voted.

They you must have as many notaries contact as many senators and have then sing and present this … So eventually with enough support and showing enough damage being to notary community… They will take appropriate decisions.

Good luck…

To all Notaries… regarding 1099…

We all know Notary Spot will not reply to us but they will reply to the IRS. I spoke with my accountant what we all need to do is file our taxes and write off lost that way we do not pay taxes on unpaid signings. Then we all need to complete IRS form 3949-A. We suspect Notary Spot has 1) False Deductions 2)False/Altered Documents (our 1099) 3) Failure to Pay his fair share of Taxes on our held dollars 4) Maybe unreported Income. I dont believe state of local government can help us, but if the IRS gets this information from each of us he will pay. Maybe not to us but to the government (IRS)

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See my reply to a1-Notary file IRS form 3949-A

file IRS form 3949-A

You can’t automatically claim a loss - it depends on several factors, one of which is how you keep your books - cash vs. accrual method. Others are in this article - most noteworthy is that you MUST have sustained a loss - and that does not happen just because someone has not paid you unless you’ve put money out first…read here for much better explanation.

http://www.nolo.com/legal-encyclopedia/why-most-self-employed-service-providers-cant-deduct-bad-business-debts.html

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Use IRS form 3949-A Mine in the mail.

I also received a 1099 from Notary Spot that was $200.00 more than I was paid. Like you, I also have 4 closings they never sent payment on. I did a little researching as well and this article may help in adjusting things on the notary end.

Of course you put out money, print, travel fee, hourly fee. We are even more out than that, all the time wasted on trying to collect from this company. That is not hard to proof at all. As of now we all, that have not been paid, have put out money and have not been re-imbursed for those cost, we did not make a dime, so income tax cannot be charged over this false provided 1099. It is appaling that he even goes this far.

Hello LindaH,

Are you a CNSA?

I was - I stopped doing loan signings last year.

I have never done a signing with Notary Spot, but I too have received a 1099-MISC from another company who claimed that they paid me $250 more than I actually received, this is because the closings took place at the end of December, so, technically I EARNED the money in 2016, but it will not be PAID until 2017, I use the Cash accounting method, so should I request a corrected 1099?

Hello Linda H, Cool.

They cannot claim they paid you in 2016 unless they actually did. If you will not be paid until 2017, it is then 2017 income. Your 1099 is fraudulent and should be reported to the IRS on Form 3949A as noted above.

I have the additional loss of bounced check fees. They sent two separate checks at the same time, both of which were not good! Thank you for the information, in time for tax season.