February 2 is the deadline for 1099 reporting.
Form 1099s must be filed by businesses each year. This year the deadline for filing falls on February 2. The most common form for businesses is probably Form 1099-MISC, used to report miscellaneous payments to nonemployees. This includes fees for services paid to independent contractors, such as consultants, lawyers, cleaning services, and others. Generally, you don’t report fees paid to corporations, but there are exceptions (payments to lawyers, for example).
For details or filing assistance, contact our office.
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