How Outsourcing your 1099 Reporting can Lead to a Stress-Free Holiday Season blog post

How Outsourcing your 1099 Reporting can Lead to a Stress-Free Holiday Season

Lauren Rabalais
October 19, 2022

Nothing is scarier during Halloween season than knowing your 1099 filing deadlines are creeping closer. We know how much of an enormous headache the 1099 filing process is— that’s why it’s one of our most-requested services we offer to our clients. But there’s no need to stress this year: here is how outsourcing your 1099 processing can help you relax this season.

It eliminates potential risk for errors.

Our Certified Public Accountants and accounting professionals have experience handling 1099-NEC and 1099-MISC reporting for many different clients of all sizes. Our team of experts are well-equipped to stay on top of changing tax rules and regulations, so you don’t have to worry about compliance errors. In addition, in case a reporting error slips through the cracks, we have a thorough review system in place to ensure we catch it before submission.

Let’s face it, though— even with the most confident of accounting firms, errors can and do happen. If you make a mistake on an electronically filed 1099 form, we will file corrected forms with the IRS on your behalf.  

It’ll save you and your accountants a lot of time (and possibly money!)

1099 processing can be an enormous load of work on an accountant’s shoulders— and that’s on top of everything else on your plate during the year-end reporting season. Not only does filing, printing, and mailing 1099 forms take a lot of valuable time away from your accountants, but it can also be costly, depending on how many forms you have to send.

When you outsource with our team, you don’t have to worry about how many stamps you have tucked away in the supply closet, nor do you have to worry about rushing to meet your 1099 deadlines. Let us handle the busy work for you so your team can focus on more critical tasks during tax season.  

We offer additional services, too!

In addition to 1099-NEC and 1099-MISC electronic filing, printing, and mailing, we also offer TIN matching (Tax ID verification) services to verify the accuracy of TIN/name combinations in the IRS system. In select states, we can file 1099-NEC and 1099-MISC under the Combined Federal/ State Filing Program (not supported by OGsys). W-2 electronic filing, printing, and mailing services are also available.

Need our help this season?

For more information about the 2023 tax season, check out our FORM-1099 Deadlines for 2023 blog, which includes PDFs of Form 1096, 1099-MISC, 1099-NEC, and W-9, as well as any important news for the 2023 tax season.

Have any questions about our 1099 services? Reach out to our team for a consultation! If you want to read more insights from PetroLedger, check out our blog!

Lauren Rabalais
Creative Marketing Associate

Lauren, one of our youngest team members, comes to PetroLedger shortly after obtaining her Digital Media Innovation degree from Texas State University. Armed with knowledge of digital and social media trends, Lauren brings a fresh perspective to PetroLedger’s online identity and ensures that our company reaches new clients.

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