Filing Requirements

1099 Penalties

The deadline for providing 1099’s to payees and filing with the IRS is quickly approaching.  The due date is January 31. Form 1099’s are required to be provided to all non-corporate payees to whom a business pays $600 or more during a calendar year for services, rent, awards or other...

New 1099 Reporting Penalties

With the due date for preparing and filing Form 1099’s looming, we felt it prudent to re-send information we have provided previouely regarding a substantial increase in the penalties for failure to file 1099’s.  The Form deadline for providing 1099’s to payees and filing with the IRS is January 31. ...