Did you pay employees or yourself a W-2 wage this year or pay any vendor more than $600?  If so, you may have IRS filing requirements due by February 28th, 2018.

Deadlines:

The deadline for employers to submit W-2s and 1099-MISC is January 31st, 2018.
Other 1099s (1099-INT, etc.) are due by February 28th, 2018.

Who must file?

You are required to send Form 1099 to any non-employee individual, partnership, Limited Liability Company (LLC), Limited Partnership (LP), or Estate that was paid $600 or more during the 2017 calendar year.  Please note, failure to report 1099s can result in penalties.

There is no requirement to complete a 1099 for:

• Vendors operating as an S or C-Corporation.
• Sellers of merchandise, freight, storage or similar items.
• Payments of rent to or through real estate agents (typically property managers).

Can I contract with Strategic Business Institute to file my 1099s?  Yes!

Our staff, professors, and consultants will be happy to assist you with your 1099 filing requirements.  We will complete your forms and email them back to you, after we have one of our senior accounting professional double check them.

Call, email or mail us your information request for assistance, and we will assign one of our consultants to gather all of the necessary information required to complete your filing.

How much does it cost for Strategic Business Institute to file your 1099’s?

Strategic Business Institute professionals usually request a donation of $75 per hour to file your 1099s, with a minimum donation of $75.  (All donations will be used to support Leukemia patients, children, seniors, veterans programs or to plant trees to help our environment).

What if I have additional questions?

Please call or email us for clarification.