What Do I Need To Know About 1099-NECs?

Send us a text With January fast approaching, it’s important for business owners to start preparing their 1099-NECs. If you want to stay ahead and get everything in order before the deadline, this episode is for you! We discuss whether or not a transaction needs a 1099, what the process for filing is, and what will happen if you missed filing a 1099. [01:07] Fast Facts About 1099-NECs If your business pays a subcontractor or vendor, whether it’s an individual or a company, a total of $...