1099 Processing
1099 reporting requirements are complex and confusing. Now the collecting company will file any purchases made with a P-card so your business doesn’t have to file P-card purchasing separately. Using P-cards for purchasing gives an obvious advantage, but some vendors don’t accept P-cards for payments and this is where Convey can help. 1099 processing rules and regulations are changing but with a tax service provider like Convey, you can avoid penalties, save time, and stay stress-free. Convey helps you with TIN matching, A/P vendor file clean up, and 1099 preparation and submissions.
- Reduce B-notices and the reisk of penalties and fines
- Stay compliant
- Use your current financial data format
- Get rid of manual processes
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