Category Archives: Uncategorized

1099-MISC Reporting 2014

Anyone that is e-filing 1099-MISC forms this year, you'll have to wait until Feb 3rd to get your confirmations. According the the IRS as of Jan, 14th IRS e-filing confirmations will not be sent until the system opens up for submissions no earlier than Feb 03. Deadlines for filing haven't changed. We'll keep you posted.  In the meantime if you need to file head over to WageFiling and get it done on...
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1099-MISC for 2013

Businesses must provide a Form 1099-MISC to recipients by January 31, 2014. The due date for providing Form 1099-MISC to recipients if amounts are reported in boxes 8 and 14 is extended to February 15, 2013. Businesses must also send Copies A of all paper Forms 1099-MISC and a Form 1096, a summary of 1099 forms, to the Internal Revenue Service (IRS) by February 28, 2013 (or...
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Benefit of Hiring a W-2 vs 1099 Contractor for the Same Job

Recently, this question appeared on LinkedIn: What’s the benefit of hiring a W2 versus hiring a 1099 consultant for the same job? I’m interested in your opinion when comparing a W2 to a 1099 hire. Thanks. This is the answer that was given: I can’t think of a reason to put someone on W2 instead of a 1099. If the need is for a permanent, full time position, then W2 is generally the way to go. If the...
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