The Protecting American from Tax Hikes (PATH) Act of 2015 which was signed into law by President Obama in December of 2015 included a multitude of changes including new filing deadlines for the government copies of forms W-2 and 1099’s. The new deadline is now January 31, 2017 which means that employers must provide copies of forms W-2 and 1099 to the Social Security Administration by this date.
In order to make this change less burdensome start planning now!
- Contact your payroll provider to ensure they are aware of this new filing deadline
- Obtain a copy of every contractors W-9 (request for taxpayer identification number and certification) form prior to beginning work
- Very your employees filing status and addresses before the end of the fiscal year
Contact HHL Group, Inc. at (330) 721-1410 if you have any questions or concerns!