Time to Send 1099s

Per IRS if you made or received payments during calendar year 2018 as a business or self-employed individual, you are likely required to file an information return to the IRS and send a copy to recipients.

Electronic Filing May Be Required
If you are required to send 250 or more information returns (calculated on a per form type basis) during the year, you MUST file electronically.

Due Dates
Most information returns require a copy be sent to recipients by January 31st, 2019 and to the IRS shortly thereafter. SoundCPA Insights for Business for reporting tips, form views, link to detailed instructions and SoundCPA.