Attention Business Owners!
As we approach the 2025 tax season, it's crucial to stay informed about key filing deadlines to ensure compliance and avoid potential penalties.
Here's what you need to know:
Form 1099-NEC (Nonemployee Compensation):
Deadline: January 31, 2025
Must be issued to contractors and filed with the IRS by this date.
Form 1099-MISC (Miscellaneous Information):
Recipient Copy Deadline: January 31, 2025 for most recipients.
February 17, 2025, if amounts are reported in boxes 8 or 10.
Paper Filing with IRS: February 28, 2025
Electronic Filing with IRS: March 31, 2025
At Pegasus Enterprise Inc., we make tax season stress-free by preparing your 1099s and ensuring every detail is accurate.
Call us at (331) 625-2041
Email us at info@pegasuschoice.com
Let us help you breeze through tax season. Book your appointment today!
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