The due date for employers to transmit copies of Forms W-2 and 1099 to the Social Security Administration and IRS has historically been February 28. That is changing. Beginning with the 2016 forms, the due date will now be January 31. IRS says that this is a security measure intended to prevent tax return fraud, with the theory being that the earlier employers file those forms, the earlier IRS can match up the forms to filed tax return data. It is possible to request a single 30-day filing extension, but the extension is not automatic.

Please contact us as soon as possible in January for assistance with completing and filing Forms W-3/W-2 and 1099.