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End of Year 1099s: Knowing What to Send and When to Send It

The last weeks of the year for many people in a law firm can be a bit slow and give them a bit of time to catch up, as attorneys take vacations and courts are closed for the holidays. For those in accounting however, it is anything but leisurely. End-of Year brings on a slew of deadlines, as they close out the books for the year and prepare to send out the required IRS forms. One of which is the 1099.