Greenshades Blog


Three frequently asked questions during the Ask Us Anything Webinar

Posted on December 8th, 2017

Brittany Llorente

Brittany Llorente

By Brittany Llorente
Media Marketing Associate

Earlier this year, I was working with the webinar team (Chris Hadden, CPP and Justin Kirkland) and going over ideas for webinars for the upcoming year.

I had just read an article about Reddit AMAs (Ask Me Anything) and the benefit of reaching out to a community for questions. I thought it would be a fun idea to have an open forum, of sorts, for clients, potential clients, and those who were simply curious about Greenshades, to ask questions to our experts (Justin and Chris).

The first one was incredibly broad, so as we looked to year-end, we decided to narrow our focus to just year-end. We have received positive feedback about the Ask Us Anything webinars, with attendees leaving us amazing feedback:

“Love that you circled back after the original webinar.  This was so helpful.  Thank you!”

“A big shout out to Brittany, Chris and Justin!  I learn something new each time I attend the webinar.  Blogs are very helpful!”

“The webinar was very helpful.”

With every webinar we have done, though, we have seen a few trending questions. Here are three that we picked out.

  1. If I have Greenshades print and mail my forms, do I need to purchase paper myself?

We are again partnering with Nelco to make the paper purchasing process easier for those who will print and mail in house. This year, however, paper and envelopes are being sold directly from Nelco instead of having Greenshades act as middleman for the orders. You can order Greenshades compatible paper and envelopes by clicking here.

However, if you choose to have Greenshades print and mail for you, there is no need to purchase paper and envelopes. The pricing for the print & mail service includes paper and envelopes.

 

  1. What are the due dates for the 1099-MISC?

During 2016 year-end, the IRS moved the dates for the 1099-MISC to help combat the increase in identity theft and fraudulent returns. The evidenced confusion around the accelerated dates only illustrated the importance of Greenshades relaying such information as we found that many were uninformed and even one year later, still provides confusion.

Here is a quick breakdown –

January 31, 2018 – 1099 recipient copies must be distributed – 1099 MISC reporting compensation in Box 7, must be reported to recipient and IRS by January 31
February 28, 2018 – 1096 and 1099 paper copies due to the IRS
March 15, 2018 – 1042 recipient copies and IRS copies/files due
April 2, 2018 (3/31 is a weekend) – electronic file(s) due to the IRS
Reference: Page 24: https://www.irs.gov/pub/irs-pdf/i1099gi.pdf

 

  1. Where can I access the Microsoft Excel templates?

The great news is that the Microsoft Excel documents are on Greenshades Online. Simply sign into GreenshadesOnline.com and click the ‘Year-End Forms’ tab. At the top of the list of formsets is an ‘Import Forms’ button. Choose the company, form type, and year for the template requested, and then you will be prompted to download.

Alternatively, you can contact support to have the template sent to you.

 

We have Ask Us Anything webinars happening now through the end of the year. Click here to sign up.