I Forgot to Send My Contractors a 1099-MISC ..Now What?

by | Sep 16, 2022 | Bookkeeping

Form 1099-NEC is a new form for tax year 2020 that must be used to report payments of $600 or more made to individuals or companies for services performed. The due date for sending out forms to recipients is February 1, 2021, and the due date for filing with the IRS...