Call us today:

Important Dates To Remember For 2016

1/15/16 - 2015 fourth quarter estimated tax payments due

2/2/16 - W-2s & 1099s are due to your vendors and staff

2/29/16 - 1099s are due to the IRS

3/15/16 - Business tax returns are due

4/15/16 - The individual tax return and extension deadline

For electronic filing, you can visit this web site, www.track1099.com.  They provide the ability to e-file many forms, including Form 1099-misc.  The cost for a small volume is generally the same as paper forms, for a really small volume this tends to be less expensive, either way, quite efficient to use. Also, review the following IN ORDER TO DO 1099s:

  • W-9s are on file and signed for contractors/consultants receiving >$600 in non-employee compensation
  • Review vendors in QuickBooks to make sure they’re set up as 1099 vendors
  • Review the expense accounts being charged by those vendors to ensure they are mapped as a 1099 expense account.

Don’t’ wait until the last minute. If you need our help closing the books or doing your 1099s, don’t hesitate to ask.

No items found.


Our Categories

Latest posts

Learn Accounting, HR, business strategy TIPS and more to keep you ahead of your industry!
Thank you! Please check your email for a confirmation link
Oops! Something went wrong while submitting the form