New Form 1099-NEC and Revised 1099-MISC

There’s a new IRS form for business taxpayers that pay or receive certain types of nonemployee compensation and it must be furnished to most recipients by February 1, 2021. After sending the forms to recipients, taxpayers must file the forms with the IRS by March 1 (March 31 if filing electronically). The requirement

2021-04-12T14:53:27-06:00January 26th, 2021|
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