When it comes to 1099 reporting obligations, small and medium sized businesses need to be organized in order to ensure compliance throughout the reporting season. January can be a stressful month for small teams, but staying organized is one of the easiest ways CPAs can stay ahead of compliance and avoid tedious IRS Notices and associated penalties during reporting season.

However, 1099 reporting isn’t just something businesses can focus on in January and forget about until the next year, it is a process that takes planning and preparation throughout the calendar year. With eFileMyForms’ year-round checklist built for CPAs, teams of all sizes can ensure they’re following the correct processes and staying compliant with 1099 reporting from January to December.