In the contemporary landscape of business operations, the utilization of independent contractors, commonly known as 1099 contractors, has become increasingly prevalent. Small businesses, in particular, often rely on these freelancers for their specialized skills, flexibility, and cost-effectiveness. However, with this reliance comes the crucial responsibility of properly managing and handling these contractors to ensure legal…
If you did not yet issue the required 1099s you still have time, but time is running out. The deadline is January 31 – which is less than two weeks away. It is clearly time to make this a top priority in your busy schedule. Not convinced you need to do this now? Here are…
It’s time to get ready to issue 1099s. It’s one of those chores that need to be on your To Do list in January. For my clients, I am making sure the W-9s are being updated this month. The Request for Taxpayer Identification Number and Certification should be used to get the information you need…
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