As the year-end approaches, the 1099 season will be here before we know it. With all the rules, forms, and deadlines, filing 1099s correctly can become a serious time commitment. But accurate 1099 filings aren’t just about checking a box—they’re essential to keeping your business compliant and avoiding costly penalties.
At Beyond, we know that managing these filings can be complex, which is why we offer a comprehensive 1099 Management Service designed to save you time, reduce errors, and let you focus on what you do best–running your business.
Beyond’s 1099 Management Process
Our approach to 1099s is meticulous and thorough. We go Beyond just filing the forms. We manage the entire process with your best interests in mind. Here’s how we handle it:
- Preliminary Review – We analyze your records to identify potential vendors requiring a 1099. This early review provides you with more time to obtain any additional vendor information needed to determine if a 1099 is required and to ensure the required information has been gathered.
- TIN Matching – We conduct a TIN (Taxpayer Identification Number) matching to confirm that each recipient’s information is accurate. This proactive check helps prevent rejections and issues that could trigger IRS notices.
- Preparation and Filing – Our team prepares each 1099 form, verifying the details before submitting them to the IRS. We manage the deadlines and make sure filings are submitted promptly to avoid penalties.
- Correction of Rejected Forms – If a 1099 gets rejected, we take care of identifying and correcting any issues, resubmitting promptly to keep your filings compliant without additional hassle on your end.
Why Choose Beyond for Your 1099 Filings?
While some companies handle 1099s in-house, working with us offers distinct advantages:
Expertise – As specialists in construction bookkeeping, we understand the unique compliance needs of the industry, from subcontractor payments to rent and other often-overlooked details.
Accuracy – Filing mistakes like incorrect TINs or missed filings can lead to costly penalties. Our TIN matching and review processes help avoid issues, saving you money and potential stress down the line.
Time – The 1099 filing process can be stressful. By utilizing our services, you reclaim valuable time to focus on growth and other strategic priorities.
Support – We start the preliminary review before year-end, allowing plenty of time to gather details, identify issues, and work with you on any missing information. This proactive approach sets you up for a smooth, stress-free filing experience in January.
Ready for a Smoother Year-End? Let Beyond Help!
Handing your 1099 filings over to our experienced team can offer you peace of mind and the confidence that everything is handled correctly. Avoid last-minute rushes and potential penalties with Beyond’s 1099 Management Service.
Visit our Year-End Services page to learn more and get started today!