Did you know that the IRS has changed the date that Forms W-2 and 1099 must be electronically filed by? The deadline, previously March 31st of each year, has been moved up to January 31st. This means that all Forms W-2 and 1099 must be delivered to the recipient as well as filed with the…
1099 Season Is Here!
The IRS requires businesses to issue Form 1099 to report certain types of payments made in the course of business. As a general rule, you must issue a Form 1099 if you have paid $600 or more during the calendar year to an: Individual Partnership A limited liability company treated as a partnership or sole…
Time to File Your W-2s
Happy Holidays! Once again we are approaching year end and would like to inform you of some important changes in tax law and reporting requirements that may affect you as an employer. With the continuation of the Affordable Care Act (ACA), all employers are still required to report the total cost of health insurance provided…