1099 Package Detail
Accounting Setup & Strategy
• Free 1 hr consultation: ● Review client needs and concerns ● Discuss service packages
• Set up process with client for paying subcontractors & for W-9 & insurance requirements
• Set up existing subcontractors in our system & enter any payments made to date.
1099 E-Service:
• E-Service option to pay anyone requiring a 1099 (sub-contractors, attorney's, consultants etc)
This service discounted if used with our payroll service
Features of this service include:
• Obtain W-9 from vendors to have all needed information to issue 1099 at year end.
• If additional insured certificates are needed we request them from the vendor/subcontractor & maintain certificates per your liability insurance company’s requirements & assist with yearend report requirements.
Pay vendors either by direct deposit or via check:
• Monthly or Bi-Weekly payment run
• Weekly payment run
• Notify client of amounts and dates payments will be made to vendor. Upon payment give client payment reports & post into accounting software.
Annual:
• Each January, prepare the annual 1099-MISC & E file 1096 & other forms required to be issued on behalf of your client