The Tax Season Survival Guide for Law Firms
Lawmatics
APRIL 11, 2023
In 2019, the IRS reintroduced the new Form 1099-NEC to allow for the reporting of non-employee compensation. Since the chances of collection decrease with time, you should identify long-overdue balances before the end of the year, a task that can be accomplished automatically with time and billing software built for law firms.
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