The IRS changed the due date for 1099-MISC Forms for Non-employee compensation (vendors/contractors) reporting this year. The time for issuing Form 1099-MISC to vendors/contractors is coming up very soon. If you paid vendors/contractors over $600 for services (not goods), then the 1099-MISC Form has to be filed with the IRS by 1/31/17.
However, there are a few exceptions where you are not required to file a Form 1099-MISC:
- If you paid a corporation for services
- If you paid contractors via credit card, debit card or Paypal
If you would like our help in preparing and filing the Form 1099-MISC with the IRS, please fill in the attached spreadsheet and return it to us! If you have any questions regarding the Form 1099-MISC, please feel free to give us a call at 646-678-4496.