Small Business Tax Dates: W-2 and 1099 forms due January 31

We know it isn’t fun, but staying organized for tax season can save you many hours of sorting through piles of paper and receipts come deadlines like January 31. It is usually recommended that you keep a number of categorized folders to keep all of your tax-relevant documents in check. With OfficeDrop’s online document manage system, you can do just that, except without the sharpie and paper folders. Assign digital folders and labels to keep all of your tax info organized in one electronic storage.

Scan wage records for the W-2

The W-2 form, used to return information about wages paid to employees is required of employers by January 31st. If you have a number of invoices or other documents relating to employee expenses, they can be easily scanned and organized with OfficeDrop. Once they are in your OfficeDrop account, you can organize them with labels, folders, and search all documents – giving you instant access to the resources you need for a W-2 form.

Scan non-employee invoices and more for the 1099

Also due by January 31st, the 1099 form requires information return of many expenditures besides employee wages. Information required includes: Subcontractor payment, healthcare payment, royalties, rents, and attorney fees. That’s a lot of information, so it’s imperative that you keep it all organized, and in one place. This can all be done on your OfficeDrop account.

OfficeDrop makes taxes easier

Our online document management system makes it simple to organize your tax documents, and keep them organized. Our mail-in system allows you to mail us your documents securely, and we will do all the scanning for you. Scan receipts, invoices, bills, and organize them from your account anywhere the internet is accessible. If you are uploading files already on your computer or in your email, you can now upload those documents directly to a folder or labels you have made.

If you are making tax decisions, you should consult your tax advisor since the rules change often and may be different in your are. We aren’t tax attorneys or tax advisers, so make sure you are getting the right advice for your situation.

2 Responses to “Small Business Tax Dates: W-2 and 1099 forms due January 31”

  1. I finally started building my own home business and I haven’t regretted it one bit. It most definitely feels good, especially after my company layed off a lot of people.

  2. Hong Latsko says:

    Great, thanks for sharing this blog post.Much thanks again. Awesome.


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