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1099s: W-2s’ poor relation, but just as demanding

10/24/2013

Many Payroll departments get hit with the double whammy of having to prepare Forms 1099-MISC for the company’s independent contractors, in addition to employees’ W-2s. Reminder: If you file 250 or more 1099-MISC forms you must file them electronically through the IRS’ FIRE system.

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