YES! By Federal law, all companies are required to file and send W-2’s and 1099’s to any employees, attorneys, landlords, vendors, and contractors.
All 1099’s and W-2 must be filed and sent to their recipient (your vendor/employee) by January 31.
There is a window of opportunity to make corrections if a recipient disputes the amount filed and corrections can be made up to April 1st without a fine. But this only applies to corrections. If a form was not filed, federal fines start at $50 per missing document.
No! Even if we have processed your tax filings in the past, you will need to sign up for these services every year.
While we love working with you, we don’t want to assume that you require our services without official confirmation. This means if you have not filled out a request form, we are not prepared to do them. If you are concerned, please reach out to your main point of contact right away or use the links above to sign up now.