Part 1
NEW: Part 2
Reminder: NEW CHANGES TO FORM 1099 FILING DEADLINES & PENALTIES
As a reminder, effective for the 2016 tax filing year, the due date and the penalties regarding filing of Forms 1099 have been changed, and the penalties for noncompliance have increased.
New filing date:
The new deadline for Forms 1099 for year 2016 is on or before January 31, 2017, one month earlier than previous years.
Read more about increased penalties for late filing:
https://www.irs.gov/government-entities/federal-state-local-governments/increase-in-information-return-penalties-2
Please contact your financial advisor for questions regarding filing deadlines and penalties.