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ARTICLE · 25 JANUARY 2018

Year-End Reporting: Double Check Forms Before Submitting—It Could Save You Thousands Of Dollars

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Year-end reporting season is a chaotic time for business owners and Human Resources personnel across the country.

United StatesCorporate/Commercial Law
FordHarrison LLP
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Year-end reporting season is a chaotic time for business owners and Human Resources personnel across the country. This year brings with it just the second season of earlier deadlines for W-2 and 1099-MISC reporting, so businesses can feel overwhelmed and pressured with the need to file on time to avoid fines.

Greatland Corporation, a provider of W-2 and 1099 products for businesses, offers one simple piece of advice to alleviate stress and assure peace of mind as forms are sent to recipients, the Social Security Administration (SSA), and the Internal Revenue Service (IRS): double-check all reporting documents and deadlines.

Checking forms for errors may seem like an action not worth mentioning, but it is one of the most neglected steps among businesses. Once data input is complete, many organizations do not take the added measure of reviewing information for accuracy. Though this is the second year for the new deadline, businesses need to be aware of the January

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