Please remember, you are required to file Form 1099MISC’s for all individuals and businesses (sole proprietorships and partnerships but not corporations) you pay more than $600 per year for rents, services (including parts and materials), prizes & awards, other income payments and medical & healthcare payments.  Amounts paid for legal fees must be reported also, even those paid to a corporation.   Also, please note, you are required to withhold “backup withholding” at the rate of 28% from any payee who does not provide you with an identification number (social security number or employer identification number).  If you withhold backup withholding, you must file 1099MISC regardless of amount of payment. 

1099’s for the year should be mailed to recipients by January 31.  Copies of 1099’s, with transmittal 1096, should be filed with IRS and City of Philadelphia by February 28.  Copies of 1099’s to Commonwealth of PA are voluntary. 

Hilger Flick & Co. is a partnership.  Our employer identification number appears on each invoice.  Please mail completed 1099MISC to our office at P.O. Box 524,  Valley Forge, PA  19481-0524.