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Filing 1099's: Why They Are Not Optional
Автор: Bearden, Stroup & Associates, CPAs
Загружено: 2026-01-13
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Not sending required 1099-NEC forms can create serious tax problems for small business owners. In this video, we explain why 1099 compliance matters, what can happen when forms are missed, and what information you need to have in place before filing season.
We also cover when a 1099-NEC is required, when it isn’t (such as credit card payments), and why collecting Form W-9s from vendors early is critical. If you work with independent contractors or service providers, this is something you don’t want to overlook.
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