2025 1099 Filing: What Business Owners Need to Know
If your business paid contractors, freelancers, or vendors $600 or more in 2024, you need to file Form 1099-NEC with the IRS by January 31, 2025. It is an important compliance requirement for small businesses, and missing the deadline can create unnecessary stress and penalties.
Who Needs a 1099-NEC?
You must file a 1099-NEC for anyone you paid $600 or more for services who is not an employee, including:
- Independent contractors
- Freelancers and gig workers
- Professional service providers
- LLCs taxed as sole proprietors or partnerships
Why It Matters
Accurate 1099 filing keeps your business compliant and reduces the risk of IRS notices or penalties. It also helps maintain clean records and protects your relationship with contractors.
Let Us Take Care of It
If you want to avoid the January rush, our team can prepare and submit your 1099-NEC forms quickly and correctly. You send us your contractor & vendor information, and we handle the filing process from start to finish.
Keep January stress free and focus on what matters in your business. Let us file your 2025 1099s for you.
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Ready to simplify your accounting? Schedule a call with our team and explore your options. We’d love to hear from you!
