12 Days of GP Tips: Day 7 – NEW 2020 Form 1099-NEC
In a move that will impact most businesses using Dynamics to generate their 1099 tax forms: The IRS has released a NEW 2020 Form 1099-NEC. This is a form that replaces form 1099-MISC for reporting nonemployee compensation (Box 7). The form 1099-MISC is still used for reporting other types of compensation. If you are planning … Read more 12 Days of GP Tips: Day 7 – NEW 2020 Form 1099-NEC
