1099 Preparation & Filing

If your business pays independent contractors or other vendors who may require a 1099, keeping track of who needs a form, gathering the correct information, and meeting filing deadlines can quickly become an administrative burden.

I handle the 1099 preparation and filing process from start to finish, helping you keep your contractor records organized and your required forms filed on time. 

1099 reporting requirements can be easy to overlook, especially when you work with multiple contractors or vendors throughout the year.

Accurate and timely filing helps you:

• Meet applicable IRS reporting requirements
• Avoid unnecessary filing errors and delays
• Keep accurate records of contractor payments
• Ensure recipients receive the information they need
• Reduce the stress of managing 1099s at tax time

This service is designed for businesses that pay independent contractors, freelancers, consultants, or other vendors who may be subject to 1099 reporting requirements.

It can be especially helpful if:

• You work with multiple independent contractors
• You regularly hire freelancers or service providers
• You don't have an in-house accounting or administrative team
• You want to avoid managing 1099s yourself
• You need help organizing contractor payment information before filing

I manage the 1099 process from gathering information through filing and distribution.

Preparation
I gather and review the necessary vendor and payment information and prepare the applicable 1099 forms based on the records provided.

IRS Filing
I electronically file the required forms with the IRS by the applicable deadline.

Recipient Distribution
I provide the completed 1099 forms to recipients electronically, helping ensure they receive the information needed for their records.

Recordkeeping
I maintain organized documentation of the forms prepared and filed so you have a clear record for your business files.

The goal is a simple, organized process that takes 1099 administration off your plate.

Which payments require a 1099?
Not every vendor or contractor payment requires a 1099, and reporting requirements can depend on the type of payment, recipient, and payment method. I review the information provided and can help identify payments that may be subject to reporting requirements.

Do you file the forms with the IRS?
Yes. When authorized, I electronically submit the required forms to the IRS.

Do you send the 1099s to contractors?
Yes. I can distribute completed 1099 forms electronically to the applicable recipients.

What information do you need from me?
Typically, I need vendor information such as the legal name, address, tax identification information, and records of applicable payments made during the year. I will let you know what is needed to complete the filing.

Can you prepare 1099s from my QuickBooks records?
Yes. QuickBooks Online records can be used to help identify and review applicable vendor payments, along with the necessary vendor information.

What if my vendor information is incomplete?
I can help identify missing information and let you know what needs to be obtained before the forms can be completed and filed.

Can you correct a 1099 that has already been filed?
Depending on the situation, a correction may be possible. I can review the issue and determine what information is needed to address it.

Don't spend your time sorting through contractor payments and worrying about filing deadlines.

Let me handle the 1099 preparation, filing, and distribution so you can start the new year with your records organized and your reporting responsibilities taken care of.

Contact me to discuss your 1099 filing needs.