Form 1099-nec Vs. Misc: How To Get Ready For The Ty 2021 Irs Deadline
September 8, 2022 ⚊ 1 Min read ⚊ Views 80 ⚊ BUSINESS
It’s the IRS tax reporting time again and there’s something you should know — the IRS requires your company to file Form 1099-NEC Online (Non-Employee Compensation) to report non-employee compensation by the due date of 31-Jan-2022. If your business paid an independent contractor more than $600 this year for services provided to your company in 2020, you’ll need to file a new (IRS) tax form by the aforementioned IRS form 1099 NEC due date.
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