01/27/2026
1099 mistakes can cost your business:
→ IRS penalties
→ Wrong filings
→ Contractor income errors
→ Higher audit risk
If you paid a contractor $600 or more for services in 2025, you need to send a 1099-NEC:
→ Deadline is February 2, 2026
→ No automatic extension, so make sure you file on time.
To keep it simple:
→ Collect W9s from contractors early
→ Track all payments carefully
→ File accurately and on time
Have questions? Drop me a DM.