10/22/2026
January is not the best time to find out you’re missing a contractor’s W-9.
If you paid independent contractors this year, a quick records review now can save a lot of back-and-forth later.
Check that you have:
âś“ Contractor information and completed W-9s on file
âś“ Payments recorded under the correct contractor
âś“ Your bookkeeping reconciled
âś“ Any missing details corrected before year-end
Even with the federal Form 1099-NEC threshold change for 2026, accurate contractor records are still important.
A little cleanup now can make year-end reporting much easier.
Need help getting your books ready? Nir Yona CPA provides bookkeeping and business tax support for small businesses in Round Rock and the Austin area.
Learn more at https://www.niryonacpa.com/post/organized-financial-records-tax-planning