January 31, 2025 deadline to file Form 1099-NEC (Nonemployee Compensation).
It’s important for the employers to prepare and file the appropriate 1099’s to the IRS before the deadline otherwise heavy penalties for late submissions or wrong information will be imposed. This reminder will help you to call to mind the date for sending tax forms to the subcontractors and for paper filing or e- filing them with the IRS.
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