Reminder: January 31 Filing Deadline Applies to Wage Statements and Independent Contractor Forms
Wage statements and independent contractor forms must be filed with the government by January 31.
The Protecting Americans from Tax Hikes (PATH) Act includes a requirement for employers to file their copies of Form W-2 and Form W-3 with the Social Security Administration by the end of January. This deadline also applies to certain Forms 1099-MISC filed with IRS to report non-employee compensation to independent contractors.
An extension of time to file is no longer automatic. The IRS will only grant extensions for very specific reasons.
Failure to file these forms correctly and timely may result in penalties.