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1099


Upcoming Small Business Filing Deadline You Don’t Want to Miss

January 21, 2020 | posted by Abacus Payroll
Form W-2s and most 1099-MISCs are Due Jan. 31 If you own your own business or have a side business in addition to your regular job, you may need to send out several IRS forms by Jan. 31 this year. The deadline is for forms you issue to employees and others who were paid as […]
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Avoid Misclassification: Understand Independent Contractors

January 9, 2020 | posted by Abacus Payroll
The seemingly simple question of “employee or independent contractor?” is often the subject of many complicated and costly audits. As the gig economy continues to grow, employers should familiarize themselves with the distinct characteristics of which is which in order to steer clear of misclassification penalties. The best way to avoid misclassifying workers is to understand […]
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Avoiding W-2, W-3, and 1099 Mistakes

January 19, 2017 | posted by Abacus Payroll
Avoiding W2 1099 Mistakes Each Year
Accuracy is important, and this is doubly true when submitting your company’s payroll at the end of the year, but with so many forms to keep track of, mistakes are hard to avoid. Here are a few ways to prevent costly errors on your W-2, W-3, and 1099 forms.   Common W2 and 1099 Mistakes […]
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New Filing Deadline for Employer W-2s and 1099s

December 12, 2016 | posted by Abacus Payroll
2017 W2 AND 1099 UPDATE
Traditionally speaking, January 31st has been the date by which employers must provide their employees with tax forms. However, 2017 brings about a drastic change to this system: January 31st is now also your IRS/SSA filing deadline. As such, your distribution and filing processes will be far more compressed this year than they have been […]
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How to Pay Freelancers

December 9, 2015 | posted by Abacus Payroll
Payroll How to Pay Freelancers
As an employer, there may come a time when you decide to hire a third party to take care of an independent or extraneous project. Freelancers or independent contractors often provide a cost-effective, short-term solution to an otherwise costly problem, but paying them can be tricky. While it may be tempting to go off the […]
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