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Daily Archives: January 21, 2021

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Who needs to file 1099’s for taxes?

Bookkeeping, TaxesBy Megan NaaszJanuary 21, 2021

If your business pays someone for services and it’s more than $600 in a year, you may be required to send them a form 1099-NEC before January 31st.    What does a 1099-NEC do? It reports to the IRS and to the person who provided a service to you the total amount your business paid…

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