Happy Tax Filing Season to my Small Business Owners,
This is just a friendly reminder that if you paid any person, vendor, or business order $600 or more throughout the entire year of 2016 for services performed, you are legally required to give them a 1099-misc form by January 31st, 2017.
The IRS is cracking down on this filing requirement, and have increased the fines for missing the filing date. You can read more about it on this webpage: http://www.hhcpa.com/blogs/income-tax-accountants-cpa/1099-filing-penalties/.
I’ve used www.wagefiling.com to file 1099-misc for my clients for many years. You can used them to file for yourself, or contact me for service.
Taking care of business,