CLIENT ALERT: January 15 Deadline For W-2s & 1099s

The deadlines have changed and are effective for tax year 2016 (filed in 2017). In 2017, both paper and electronic tax year 2016 Forms W-2, and W-3 and those 1099s that include nonemployee compensation in Box 7, must be filed by January 31, 2017. If you are responsible for providing this information to us for preparation, you should start working on compiling this information after your last payroll in 2016 and as soon as all payments have been made to contractors that will be issued 1099s. If the required forms are not filed by January 31, 2017, late filing penalties will be assessed. We will not be responsible for penalties or interest for forms filed after the deadline. In order to complete all forms and have filings processed and reviewed by this deadline, we will need to have all information for W-2s and 1099s to our office by no later than January 15, 2017.