1099-MISC & 1099-NEC Tax Forms Reporting

1099-MISC & 1099-NEC Reporting Services

SPS/GZ offers comprehensive solutions for all 1099 reporting services, including 1099-MISC, 1099-INT, 1099-DIV, 1099-R, 1099-NEC, etc. During the busy year-end reporting season, it makes sense to take one more task off your to-do list. We would be honored to be your trusted partner and assist with all of your 1099 filing requirements. Outsourcing 1099 reporting saves companies valuable time and money. It also lends peace of mind to clients knowing that certified and experienced professionals are providing support and advice for complex issues. For the 1099-NEC form, which is required for reporting Nonemployee Compensation Income (formerly Box 7 of Form 1099-MISC) starting in the 2020 tax year, the IRS requires companies to electronically file these forms by January 31st, making outsourcing a must for most companies. The SPS/GZ solution allows for easy form creation, 1099 filing and seamless amendments of forms.

SPS/GZ IS A COMPLETE FORM 1099 OUTSOURCING SOLUTION

SPS/GZ has been a leading provider of 1099 outsourced solutions since 2010.  We provide 1099 e-file service to businesses of all industries and sizes.  Our complete outsourcing solution for all 1099 forms, including 1099-MISC, 1099-R, 1099-DIV, 1099-INT, and the new 1099-NEC (for tax years beginning in 2020), includes very competitive rates with exceptional client service.  All of our professionals work in the USA and are trained and certified. We do not outsource the 1099 filing work to foreign entities.   You will be assigned a dedicated representative who will not only know your company and understand your unique issues or concerns but will also be readily available by phone and email to provide support and answer questions. We handle the entire 1099 process for you, so you no longer have to deal with software updates, filing hassles, printing, mailing and amending forms.  SPS/GZ will take care of all your 1099 filing needs so that you can focus on your key business.

1099 Review Service
SPS/GZ conducts a thorough review of data by professionals to identify potential errors and missing information and to ensure that data is formatted correctly.  We also conduct complimentary TIN-Matching services before tax reporting season to help clients minimize errors and penalties.

1099 Printing & Mailing
As part of our 1099 outsourcing solution, we provide complete printing and mailing services for all 1099 forms.  We handle all of your printing and mailing needs regardless of volume. Our system prints the 1099 forms on pressure-sealed envelopes with perforated edges for maximum security of this sensitive information.  Our pricing includes all postage and handling, plus 1099 filing service, electronic archiving, and unlimited corrections of forms.  We partner with you to ensure that you meet all of your 1099 filing requirements, which include the new 1099-NEC form.

1099 Filing Service
As part of our complete 1099 outsourcing package, we electronically file your 1099 forms with the IRS by the designated deadlines.  We participate in the Combined Federal/State Filing Program (CF/SF), which means that when we transmit your information to the IRS, the data gets transmitted also to the participating states.  Our 1099 e-file service is robust and includes confirmation of transmission for clients.   We make sure that all your 1099 filing requirements are met in order to minimize penalties.

1099 Correction Processing
It is common for 1099 forms to have reporting errors due to the volume and nature of data being reported.  Many times, vendors contact companies to report a discrepancy in the reported amount on the form.  Also, TIN-matching errors, whereby the Taxpayer’s Name and Tax Identification Number (either Social Security Number or Employer Identification Number), do not match the records in the IRS system, are common and can be minimized through completing TIN-Matching services in advance.  SPS/GZ understands that mistakes happen. That is why we are here to help you correct those errors. Our system allows clients to autonomously change any fields in a form simply by logging into our secure portal. SPS/GZ’s platform tracks all changes, providing an audit trail, and corrections are automatically filed with the IRS, so you don’t need to worry about amending forms that were previously filed. We do not charge any extra fees for the correction service unless a special data project is requested.  This process, including the 1099 e-file service for amendments, has helped many clients avoid or limit penalties imposed by the IRS.

Let SPS/GZ be your trusted 1099 tax form reporting provider. Our solution allows companies to simply upload their 1099 data file to our secure portal in a few easy steps. We take the 1099-MISC reporting from there.

Below are the features of our robust 1099 outsourcing solution:

Review of data by certified professionals to ensure information meets the IRS regulations.
Creation of various 1099 forms, including 1099-MISC forms.
Mailing of 1099 forms to recipients.
Electronic filing with the IRS.
Complimentary TIN-Matching services.
Printing and mailing of forms via First Class Mail.
Competitive pricing.
Includes features of spsgzXchange™ portal.

Contact us to learn how SPS/GZ can be your company’s trusted partner for stock plan administration and tax form reporting services.