Comprehensive 1099 Services for Your Contractors

Hiring 1099 contractors provides flexibility and expertise without full-time employee costs, offering specialized skills while keeping financial agility.

Simplify Year-End 1099 Reporting with Giesler-Tran Bookkeeping

Ensure IRS compliance with Giesler-Tran’s accurate 1099 reporting service for contractors—streamlined, efficient, and hassle-free year-end solutions.

Accurate Year-End 1099 Reporting Made Easy with Giesler-Tran Bookkeeping

At Giesler-Tran Bookkeeping, we know that precise and punctual reporting is critical for your business’s compliance and peace of mind. Our comprehensive year-end 1099 service takes the complexity out of preparing, filing, and distributing 1099 forms to contractors, ensuring full adherence to IRS regulations with efficiency and accuracy.

Our 1099 Service:

Gather Information:

• • Compile Contractor Data: We build a detailed list of contractors and vendors paid $600 or more throughout the year.

  • Verify Payments: We collect and review payment records, including invoices and receipts, to confirm amounts paid.

Verify Eligibility:

• • Confirm 1099 Recipients: We ensure vendors qualify as independent contractors, freelancers, or service providers requiring a 1099.

  • Check Payment Thresholds: We validate that payments to each vendor meet or exceed the IRS $600 minimum.

Prepare 1099 Forms:

• • Generate Forms: We utilize your accounting software to create 1099 forms efficiently.

  • Input and Review: We enter your business details, vendor information, and payment totals, double-checking for accuracy before finalizing.

File with the IRS:

• • Choose Filing Method: We recommend e-filing for speed and simplicity, though paper filing with Form 1096 is available if preferred.

  • Timely Submission: We ensure all filings meet IRS deadlines to keep you compliant.

Send Copies to Contractors:

• • Distribute Forms: We mail 1099 forms to contractors by the January 31 deadline.

  • Record Keeping: We maintain copies of filed forms and mailing receipts for your records.

Benefits of Using Accounting Software for 1099s:

• Accuracy: Precision in reporting eliminates errors and ensures IRS compliance.

• Efficiency: Automation streamlines preparation, filing, and distribution, saving you valuable time.

With Giesler-Tran’s expert 1099 service, your year-end reporting is handled seamlessly, keeping you penalty-free and IRS-compliant.

For more insights into any part of our 1099 process or additional questions about contractor reporting, feel free to contact us!