Breaking News! New Filing Requirements for ALL Business Owners
Due to a provision in the Consolidated Appropriations Act passed by Congress, the filing deadlines for employer copies of Forms W-2/1099-MISC have changed. The IRS has set a new deadline for Forms W-2/W-3, 1099-MISC, and Form 1096 of January 31st, 2017. Likewise, Oklahoma is no longer accepting paper copies of 1099’s. These must be electronically filed on the OKTAP system. The IRS is stressing that there will be no grace for these filings and penalties and interest are high