File “1099-NECs” Time to Report Nonemployee Compensation

Starting in 2020, companies that pay at least $600 for services performed by someone who is not their employee are required to use the new Form 1099-NEC to report the nonemployee compensation. The Form 1099-MISC will no longer be used to report such compensation....
By: Kilpatrick Townsend & Stockton LLP

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