HowToFile1099-NECFormsFor Contractors?BestVirginiaTaxPrepFor SmallBusinesses
Theysaytwothingsinlifeareinevitable:deathandtaxes.Butat leastdeathonlycomesforyouonce.Taxes,ontheotherhand, well...thosearealifesentence!
But,it'snotalldoom&gloom. Asunbelievableasitsounds, therearepeoplewhoactually likethisstuff-that'swhythey callthemselvesthe NumberSquad! Ifyouownasmallbusinessin Virginia,theseguyscanhelp youwithallthevariousIRS formsyouneedtofile.Yes,that includes1099-NECcontractor forms.
Asof2020,businessesare requiredbytheIRSto completethe1099-NECform fornon-employee compensationwhichamounts toatleast$600pertaxyear. Thiscanincludepayments madetocontractors,vendors, andfreelancers-butthereare someexceptions,whichcan makethefilingprocess complex.
ButwithNumberSquad,youcanensurethatallyour paymentsareaccuratelyreportedand1099-NEC formsarefiledontime.
Thefirmwillreviewallrelevantbankaccounts,checks,EFT, anddirectdepositpayments,collecttaxpayerIDnumbers,and filetheformswiththeIRS.
Goto https://numbersquad.comto checkthemout!