Penalties for late filings have increased for the 2024 tax year. Missing deadlines or failing to submit W-2, 1099, or 1095 forms could expose your business to significant fines. Review the past-due penalties for 2024 below.

With the January 31st filing deadline approaching, make the process easier by using a filing expert like Nelco. Specializing in W-2, 1099 and 1095 reporting, Nelco offers software compatible paper forms and efficient electronic filing through popular software to simplify year-end filing. Their dedicated team of experts makes filing easy for businesses of all sizes.

Deadlines and requirements vary by state. For more deadlines and form information, view Nelco's deadline calculator.