W2 AND 1099 TAX FILING REQUIREMENTS:
02 JAN 2018

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  1. 1099’S DUE BY JANUARY 31, 2018 TO RECIPIENTS AND PAPER OR ELECTRONIC FILING TO IRS (RELATES TO 1099 MISC NON EMPLOYEE COMPENSATION LINE 7 – ALL OTHERS DUE FEBRUARY 28, 2018)
  2. 1099 REPORTING FOR AMOUNTS PAID IN EXCESS OF $600
  3. W2’S ARE DUE TO RECIPIENTS AND THE SOCIAL SECURITY ADMINISTRATION (NOT IRS) BY JANUARY 31, 2018
LATE FILING FINES FOR BOTH W2’S AND 1099’S:
FILING DATE FINE PER W2/1099
FILED UP TO 30 DAYS LATE $50
FILED MORE THAN 30 DAYS LATE $100
FILED AFTER AUGUST 1 OR NOT FILED AT ALL $260
  “FIRST CLASS SOLUTION SUITE” CONTACT RTW TODAY FOR ALL YOUR TAX AND BUSINESS NEEDS DOMESTIC AND INTERNATIONALLY.  2017 TAXES SHOULD BE FILED EARLY DUE TO THE EQUIFAX DATA BREACH.   DON’T WAIT, CALL OR EMAIL NOW.  216-533-6586 or info@rtwxxact.com