MPL Bookkeeping, LLC.

As the new years has rolled around to make tax season for a business owner go more smoothly making sure to have these forms ready can make it go more smoothly.

📑 What is a 1099-NEC, you may ask?

Is a form that is provided to a service and/or contractor that you are obligated by law to provide if you have paid them more than $600 in a year.

📑 When should you send/give this form??

You should send out this form postdated by January 31st to all services and contractors.