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3 Tax Tips For Companies That Used Contractors in 2012

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Honored Contributor

3 Tax Tips For Companies That Used Contractors in 2012

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Well it's becoming that time of year again...TAX TIME! And Entrepreneur.com wants to give businesses a few tips to help them for reporting wages of their employees to the IRS.  Check them out below!

 

1. Start with the IRS's list of approved e-form filers.

 

2. For more complex filing, consider an integrated e-tax filing solution.

 

 

3. Collect up to date contractor names, addresses and compensation information.

 


To read more about these tips, check out "Tax Time: 1099s for Contractor Wages Made Easy"

2 REPLIES 2
Occasional Advisor

Re: 3 Tax Tips For Companies That Used Contractors in 2012

I have used efilemyforms for preparing 1099-MISC form for my clients and I have also recommended esmartpayroll as an alternative choice. Both prepare forms online and send to the recipients. Since both service efile the forms, there's no need to prepare and send 1096 forms.

Honored Contributor

Re: 3 Tax Tips For Companies That Used Contractors in 2012

That's great Demos!  Thanks for sharing with us here in the Community!