In order to file your 1099s you need to have your Contractors Tax ID # and you need to know how the Contractor’s business is structured to see if they are actually eligible to receive a 1099.
If you don’t have that information yet, you are now racing against the clock to get that info so you can file your 1099’s by the IRS deadline!
This why it’s a good business practice to get a W9 Form from your Contractors before they start work on your projects.
With FlipperForce, you can manage your Contractor W9s, save their Tax ID# and business address so you have all the information you need.
This way, the next IRS deadline you’ll be ready!
Learn more about our web-based house flipping software at https://www.flipperforce.com/
Popular Types of Home Extensions
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