It is time for businesses who hired services of contractors and freelancers to send 1099 forms to them. 31st January 2012 is the last date for businesses to send 1099 forms to the recipients. Last date to file 1099 form with IRS for paper filers is Feb 28th 2012 and for electronic filers is April 2nd 2012.
If you still have not send form 1099 to your contractor then make sure you do it as soon as possible to avoid possible penalties.
If you still have not send form 1099 to your contractor then make sure you do it as soon as possible to avoid possible penalties.
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