Received a foreign gift or inheritance over $100,000? You may be required to file IRS Form 3520. This form must be mailed, not filed electronically and must be submitted by your tax deadline. Let’s make sure you get it right. | The Law Offices of Sammy Kim
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🚨 Attention business owners! 🚨 The IRS has tightened 1099 rules for 2025. If you file 10 or more total 1099s, electronic filing is now required. All forms must be sent to recipients and filed by January 31, 2026. This change impacts many small businesses, and non-compliance can lead to penalties. Need help filing electronically? Give us a call to stay compliant and protect your business. 📍100 Center Drive, Del Rio, TX 📞(830) 775-4800 #DelRio #SmallBusiness #1099s #Plan4It | Liberty Tax
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