1099 Processing and Year-End Documentation
As the year draws to a close, proper 1099 processing is essential for compliance and smooth tax filing. We ensure that all of your contractor payments are properly documented, 1099 forms are issued accurately, and your year-end financial documentation is in order. Let us take the stress out of year-end reporting, so you can focus on your business.
• 1099 Processing
If you’ve worked with independent contractors throughout the year, issuing 1099 forms is crucial to meet IRS requirements. We handle the entire 1099 process—from gathering payment information to preparing and issuing forms. We ensure that all contractors who meet the IRS thresholds receive their forms on time, and that you remain compliant with tax regulations.
• Year-End Documentation to Your CPA
At the end of the year, we provide all the necessary year-end financial documentation to your CPA or tax preparer. This includes organized records of your income, expenses, contractor payments, and any other relevant financial data. We ensure your CPA has everything they need to file your business taxes quickly and accurately, reducing the time they need to spend on organizing your books.