REMINDER of the new January 31 Deadline for W-2s & 1099s!

A new federal law accelerates the deadlines for filing Form W-2s & certain Form 1099s starting with the 2016 forms.

Beginning with 2016 forms, employers or businesses are now required to file Forms W-2 & Forms 1099-MISC (that report nonemployee compensation in Box 7) with the Social Security Administration or Internal Revenue Service by January 31.

The January 31 deadline to furnish these forms to employees/recipients remains unchanged.

Late and failure to file penalties range from $50-$500 per return/statement.

Please call us at 610-444-1215 if you have any questions or need assistance preparing year-end payroll or 1099's

Sincerely,

Bill and Chad Fenstermacher
and our team at Fenstermacher & Company, LLP

Fenstermacher & Company, LLP
Pennsylvania:
115 South Broad Street
Kennett Square, PA 19348
ph 610-444-1215  fx 610-444-1635

Delaware:
3801 Kennett Pike,
Building C, Suite 100
Greenville, DE 19807
ph 302-478-9515  fx 302-478-0262
www.fandco.com