Compressed Deadlines And Higher Penalties For Forms 1099 And W-2

By Elrod
November 4, 2016 in General Chat

https://www.atxcommunity.com/topic/18990-compressed-deadlines-and-higher-penalties-for-forms-1099-and-w-2/

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Elrod

Posted November 4, 2016

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Posted November 4, 2016

Have you been lax in the past about issuing 1099s, realizing the IRS rarely, if ever, penalized you for sending them in late? That permissive view of 1099 and W-2 filing is over. Making matters worse, next year’s filing deadlines will be compressed. Fortunately, there is time to prepare before the close of 2016 to ensure smoother, speedier filing in 2017.

http://www.forbes.com/sites/janetberryjohnson/2016/11/04/compressed-deadlines-and-higher-penalties-for-forms-1099-and-w-2/#28c470ff7eef