How To File 1099-NEC Forms For
Contractors? Best Virginia Tax Prep For
Small Businesses
They say two things in life are inevitable: death and taxes. But at
least death only comes for you once. Taxes, on the other hand,
well... those are a life sentence!
But, it's not all doom & gloom.
As unbelievable as it sounds,
there are people who actually
like this stuff - that's why they
call themselves the
NumberSquad!
If you own a small business in
Virginia, these guys can help
you with all the various IRS
forms you need to file. Yes, that
includes 1099-NEC contractor
forms.
As of 2020, businesses are
required by the IRS to
complete the 1099-NEC form
for non-employee
compensation which amounts
to at least $600 per tax year.
This can include payments
made to contractors, vendors,
and freelancers - but there are
some exceptions, which can
make the filing process
complex.
But with NumberSquad, you can ensure that all your
payments are accurately reported and 1099-NEC
forms are filed on time.
The firm will review all relevant bank accounts, checks, EFT,
and direct deposit payments, collect taxpayer ID numbers, and
file the forms with the IRS.
Go to
https://numbersquad.com to
check them out!