Category: Sage

NEW 1099-NEC form REQUIREMENT for Sage 100 1099 Processing in 2020

What happened? The IRS has released a brand new 1099 form for 2020 filings called 1099-NEC, Non-Employee Compensation. The Non-Employee Compensation field was removed from the 1099-MISC form so the 1099-NEC is essential for this year’s 1099 processing, if this payment scenario is applicable to your organization.  What does this mean for Sage 100…

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