Brand New Year, Brand New IRS Deadlines
We hope you all had a wonderful holiday season and have a terrific 2011 ahead of you, both personally and professionally. What better way to welcome the new year than to get cracking on some IRS paperwork?
(Yes, we’re kidding.)
All joking aside, the January 31 deadline for filing your W-2 and 1099-MISC forms will be here before you know it. All employers are required to provide these reports to employees and independent contractors showing their income from the previous year, as well as file copies and summaries of these reports to the Internal Revenue Service (IRS) and Social Security Administration (SSA), for verification purposes.
For more information from the IRS, click here.