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SAN DIEGO, CA, July 28, 2022 (GLOBE NEWSWIRE) — ThePayStubs is a national accounting firm that has leveraged the experience of its professional team of accountants to provide the payroll Generator.
This useful tool is designed to help its clients who own a small business create checks for their employees without having to worry about buying expensive and complicated software.
They have also now launched their new IRS Form 1099-NEC (Non-Employee Compensation) Generator to help businesses additionally manage payments to non-employee taxpayers such as taxpayers. B. contractors to support.
With its two easy-to-use and instant result generators, ThePayStubs gives you the power to keep track of your business finances and provide proof of income at any time.
The new Form 1099-NEC generator
ThePayStubs new 1099-NEC Generator used to create a form for companies to report Non-Employee Compensation (NEC), e.g.
However, note that this document is only required if your company paid the non-contracted employees $600 or more during the tax year.
To help you know if your business should fill out a 1099-NEC form, ThePayStubs has included a four-step test on their website:
- You made payments to non-employees
- You have made payment for services rendered in the ordinary course of business
- You made a payment to an individual, partnership, estate, or in some cases a corporation
- The cumulative payments you made in the tax year are at least $600
PayStubs 1099-NEC forms generator is easy to use and one of the most advanced tools for creating documents online. All you have to do is provide some important details such as: B. the company information and the amount of non-employee wages – then your form will be automatically generated in seconds.
There are many benefits of using the 1099-NEC form generator, with the key…