How Virtual Card Payments Could Eliminate Your 1099 Hassle

Posted on Feb 1, 2018 1:00:00 PM by Chad Clay

It's the first day of February; do you know where your 1099 forms are? If your organization is on top of things, your 1099s were issued to your service vendors and filed with the IRS long before the January 31 deadline. But if they weren't, or you're still recovering from the painful experience of tracking down all your applicable vendor payments, take heart: Next year, virtual card payments could eliminate your 1099 hassle.

more

Topics: Virtual Payments, Payment Cards, Taxes