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Penalties effective starting 1-1-2011
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Substantial penalties if not sent to IRS by due date
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Penalties apply if name or federal ID is incorrect
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Filing requirements may change in future years to cover anyone your business pays over $600, including landlords paying for repairs. You will need to obtain the taxpayers federal tax number before you pay them. If you do not YOU will be fined.
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DON"T BE CAUGHT OFF GUARD!
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We can prepare the 1099' s for you, verify the federal ID and e file. E filing is the ONLY way to go. You get almost instant verification that the 1099's are received.
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Call our office and we will assist you