I took on helping a friend who just started this business. Thought all 3 1099 NEC were his funds and after days of sorting out his tons of papers before starting taxes, realize he was paying a lot of workers 'under the table'. I know he didn't realize that by doing this he was taking on all their taxes too. Now here we are, last minute, have filled out all his assets and expenses and, of course, there's no way he won't owe. He had several regulars working with and for him all year and he thought he was doing a good thing by taking care of business and everybody gets paid. Now here he is holding the bag. He needed to do a 1099NEC for each of them, about 8 or 9. It's 7 pm, October 15. What to do? I've never done a 1099NEC either.
Ideas?
