The electronic filing is just the A copy. You still have to stuff the B copy in an envelope and mail it to the recipient. Keep the C copy on file for at least 3 years”
We do all that mailing now. Like I say, it is less than 10 usually.
With the new rules, if my Maytag dealer sells a washer or dryer & has to send a 1099 to each customer, that will put us above 250.
I will have to stop doing his bookkeeping or there will have to be a service that comes into this chain of disaster that will prepare the data in the form the Feds will accept.
I surely cannot spend any serious amount of money to create fancy ‘electronic’ forms when the whole annual value of what I do for him is rarely above $600 even to me.
I've been exploring the idea of starting such a service. But with the uncertainty of whether or not the new 1099 law will be repealed, it's not worth the business risk.