FAQs for 1099 Compliance
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Q: Who needs to file a 1099-NEC?
A: Any business that paid $600+ to contractors, freelancers, or non-employees for services.Q: What about 1099-MISC?
A: Use 1099-MISC for rent payments, legal fees, and certain prizes or awards.Q: Do you provide W-9 forms?
A: Yes! I’ll review, request, and track them from your payees.Q: When is the IRS deadline?
A: All 1099-NEC and 1099-MISC forms must be filed by typically by the end of January after your prior year end.