How Vendor Classification Errors Create Long-Term 1099 Tax Compliance Risk
Vendor classification errors usually show up as a rushed vendor setup, a missing tax form, or a payment coded “close enough.” But when you scale that across months, the tax compliance risk builds quietly. In the current era of 1099 electronic filing, systems are less forgiving, and mismatches surface more quickly. This article breaks down […]
How to Simplify 1099 Preparation Before Tax Season
January is crunch time for finance teams. You’re closing the books, cleaning up accounts, and suddenly, it’s time to tackle tax forms. For companies that work with freelancers, vendors, or contractors, 1099 preparation often feels like a last-minute fire drill. However, the process is much simpler when it starts early and includes the right tools […]