Forms W-2 and 1099-NEC Are Due To Be Filed Soon By: David M. Reape With the 2023 filing season deadline drawing near, be aware that the deadline for businesses to file information returns for hired workers is even closer. By January 31, 2023, employers must […]
Businesses: Get ready for the new Form 1099-NEC By: David M. Reape There’s a new IRS form for business taxpayers that pay or receive nonemployee compensation. Beginning with tax year 2020, payers must complete Form 1099-NEC, Nonemployee Compensation, to report any payment […]