Does your business need to file
Form 1099?
Forms 1099 are due to
recipients by February 1, 2016. You may be most familiar with Form 1099-MISC,
which you use when your business makes miscellaneous payments in excess of $600
for services to non-employees. What are miscellaneous payments? Reportable
payments can include fees for services paid to independent contractors, such as
consultants, lawyers, and cleaning services. Generally, you don't report fees
paid to corporations, but there are exceptions (payments to lawyers, for
example).
For filing assistance, give us
a call.
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