A Message from Mueller’s Accounting Services Team
Did you know that the Internal Revenue Service (IRS) has changed the filing due dates for non-employee compensation reported on Form 1099-MISC and Forms W-2/W-3? The deadlines to submit the forms have been moved up from the end of February to the end of January.
Specifically, Forms 1096 and 1099-MISC (when reporting nonemployee compensation) are due to both the recipient and to the IRS on or before January 31st. For more information click here. Forms W-3 and W-2 are now also required to be filed on or before January 31st with the Social Security Administration. For more information about Forms W-3 and W-2 click here. As in the past, W-2s are required to be provided to employees prior to January 31st.
Please note with the change in the filing dates, penalties will be enforced and range from $50 per form to $260 per form.
Mueller’s Accounting Services Team is available to answer your questions related to these changes.
Sue Edwards, CPA
Julie Lewis, CPA