You can now file the 1099-NEC form online via eFile 360. eFile 360 makes the filing process so easy. They are an IRS approved e-file provider. Businesses, accounting professionals, CPAs, and even individual filers can benefit from these services. Learn more at efile360.com.
FOR IMMEDIATE RELEASE
Duluth, GA, November 17, 2020- eFile 360 is now offering an option to file 1099-NEC online. The Form 1099-NEC has been introduced beginning in 2020 to replace the Form 1099-MISC for non-employee payments. Non-employee compensation is no longer included on the 1099-MISC for the 2020 tax season.
The 1099-NEC is for non-employee compensation. It is where payments are only reported if they are paid to a non-employee, for services within your trade, or paid at least $600 in a calendar year.
A 1099-NEC must be filed for any individual that an employer has withheld taxes from in any given year regardless of whether or not they have been paid more than $600.
There are some exceptions when it comes to what gets reported on a 1099-NEC. You can learn about these exceptions and extensions to any deadlines at efile360.com.
“E‑filing with eFile360 eliminates the need to download software, fill out and mail paper copies, and stay up-to-date on the latest IRS regulations,” says a spokesperson for eFile 360. “eFile360 manages these aspects for you, so all you have to do is create a free account and enter form details, typically taking just a few minutes.”
The 1099-NEC E-filing Service is a convenient way to file electronically with the IRS. It is also required when you have to file for more than 250 forms each year.
“Our goal is providing customer friendly 1099 filing service,” says a spokesperson for eFile 360. “Our philosophy is centered around giving you the easiest way to file your 1099 and other information return forms.”
When you e-file 1099-NEC online with eFile 360, they will electronically file your 1098, 1099, and ACA forms with the IRS. They will also file W-2 forms with the SSA. Using the service makes filing simpler. It makes the entire process less time-consuming and tedious.
“We are an IRS approved e-file provider, and we offer the most cost-effective way of e-filing 1099s,” says a spokesperson for eFile 360. “With our self-service website for filing 1099-NEC and other information returns forms, we make it super easy for anyone to file their forms, whether they are filing just a few forms or a large number of forms.”
The only thing that you have to do is sign up, fill out the information, and then eFile 360 handles everything else. Learn more at efile360.com.
About eFile360: eFile360, previously known as Online File Taxes, was founded in 2009 as a way to help business owners and other professionals file information return forms. Founders Rajeev and Smita Srivastava knew there was a better way than purchasing bulk paper forms or using inaccessible self‑service platforms, so they developed eFile360 to be the best cost‑effective, self‑service option for businesses. They continue to serve businesses and their personnel to make tax season easier every year.
Name: Smita Srivastava
Organization: File 360
Address: 6555 Sugarloaf Pkwy., Ste. 307-266, Duluth, GA 30097