2023 Independent Contractors and 1099's

The 2023 tax season is upon us! The first thing on the "To Do" list is to get 1099s sent out to any contractors (Individuals and/or LLCs) you paid over $600.  If you did not have a business in 2023 or did have a business but didn't pay anyone requiring a 1099 to be sent to them, this information will not apply to you.

If you are a business owner who needs to send out 1099s and you would like K&A/Cornerstone Accounting to file them for you there is some information we will need from you to do so. Please submit the following information to our office:

• Name or business name of contractor

• Address of contractor

• Social security number or tax ID number of contractor

• How much you paid the contractor in 2023

If we have the contractor's information from previous years, simply send us the contractor's name and the total amount paid.

2023 fees for this service are $75.00 for the first 1099, and $15 for each additional 1099. For example, if you need 2 1099s sent out, the total fee would be $90.00 ($75 + $15 for 1 additional 1099). 

1099s are due January 31st. So if you'd like us to assist, we request you send us this information as soon as possible, and no later than January 20th.