Form 1099
Did you know that the IRS determines that you must file Form 1099 for EVERY person and/or business that you paid $600.00 or more during the tax year? For subcontractors or suppliers!
BUSINESS
The deadline to report the Form 1099 is January 30, 2022!!
Do you already have all the necessary information from your suppliers and subcontractors?
The failure penalty ranges from $50 to $270 per form!
Better to keep everything aligned right now, isn't it?
If you need help identifying the need to declare the form and preparing everything to be able to submit it on time, please contact us, we will be happy to help!
