Year-end is one of the busiest times for your accounting team. For 2020, the IRS has changed the process for filing 1099’s by adding new forms and altering the filing requirements. These new requirements can make a busy time even more chaotic, so to make your life easier, here is a downloadable checklist and frequently asked questions with tips to help make sure that you are prepared for these changes.
At Trusted CFO Solutions, our outsourced accounting teams prepare the 1099’s for our clients. In addition, for our customers who have their own software and teams, we can help with this quick year-end checklist.
Prepare for these changes to ensure the following:
Have questions or need TCFOS’ help filing your 1099s? We have fixed price packages for outsourcing your 1099 filing needs. Contact our experts here.
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