The IRS announced that it will forward Form 1099-NEC reporting data to some, but not all, states that participate in the “Combined Federal/State Filing Program”(CF/S). SPS/GZ highly recommends that you check your data against the updated IRS Publication 1220. Included is a list of participating states. https://www.irs.gov/pub/irs-pdf/p1220.pdf
If your organization needs TY2021 tax reporting assistance, reach out to us today. SPS/GZ has bandwidth for a few more tax reporting clients. The process of planning, staffing, ordering & housing supplies, printing, mailing, and filing tax form forms with the IRS is very time-consuming, costly, and challenging. We provide templates and guidance to our clients every step of the way during the busy tax reporting season.
As part of a thorough review process, the SPS/GZ team gives state filing recommendations and guidance. Let SPS/GZ partner with you. An added benefit to our clients is the seamless ease through which corrections are made with the IRS through our safe and secure spsgzXchange™ portal. Reach out today at sales@greenzapato.com or call at (888)375-3049.
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The Hidden Costs of Being Your Own Boss
The idea of working for yourself carries freedom, flexibility, and full control over your career. If you’re freelancing from home, consulting for multiple clients, or running a small independent business, self-employment represents the dream of autonomy that many people chase. For those working through 1099 outsourcing arrangements, it feels like the ultimate sign of independence;…
