With Tax Season approaching, it may be hard to focus on your business while trying to wrap your mind around preparing, sending, and filing your business’ 1099 forms for all of the LLC’s, contractors, agents, attorneys, companies (non-incorporated) and individuals whom you have paid for services  this past year.

The IRS requires you to file if you have paid a single person or non-incorporated entity more than $600 between January 1st and December 31st of the previous year.

Filing your 1099s can be a very tedious task with all the names, addresses, phone numbers, stamps, and envelopes, not to mention that you need to have all of your documents mailed by January 31st or face penalties. Fortunately, utilizing online tools like efilemyforms.com makes the task much easier.


Efilemyforms.com is a website dedicated to preparing, storing, managing, mailing, and efiling your 1099 forms with simplicity and ease. It may even cost less than your current filing methods with a low rate of $3.49 per filing.
With efilemyforms.com, first create your free account and then there are 3 simple tasks to complete in order to file your 1099s:


Input your filing information along with all the recipients who will be receiving a 1099 form from you. This information is stored so that next year’s filing will be even easier. Also, if you already have your information organized in a spreadsheet such as excel, you can easily upload the information with the click of a button.


Once you complete your data entry, you simply pay the fee for your filing.


Once your payment is accepted, efilemyforms.com will print and mail your filings for you before the January 31st deadline and will electronically transmit your filings to the tax reporting agencies before the March 31st deadline.
It’s that simple. Efilemyforms.com will take care of all your filings for you.

Once you get the hang of it, it only takes a few seconds to do each filing.  As long as your data is already organized in Excel, Quickbooks (which can print 1099s as well) or similar accounting software, the rest is easy. My accountant quoted me $10 to work up each 1099.  At $3.49 a filing for efilemyforms.com, the savings makes it well worth my time to do it myself.



Michael Moreno has been investing in real estate since 2008. He completed a year of real estate training at Investors United School of Real Estate where he was inducted into the President’s Club. He has attended numerous real estate seminars around the country including David Lindahl’s Apartment House Riches Bootcamp and Syndication Bootcamp, and Robyn Thompson’s Ugly House Renovation Bootcamp, among others. He is a member of the Mid-Atlantic Real Estate Investor’s Association, the Baltimore Real Estate Investors Association, and Steve Cook’s Lifeonaire FlipVIPs mastermind group. He has completed 50+ and counting single family renovation projects in and around Baltimore, and currently holds and manages rental houses in Northern Virginia and Baltimore City.