Just in time for the Holidays, Microsoft released some news for us. Every time the year is close to an end, we wait for those Year End Updates or anything else they might be releasing. Just last week, Microsoft came out with Dynamics SL CU7. There isn’t too much to unpack, but let’s get into it.
This update focused more on the 1099-NEC Form, as well as the 1099-MISC Form. The 1099-NEC or Non-Employee Compensation has been updated to support the IRS 2021 tax reporting formats. The same goes for the 1099-MISC (03.740.00) Form. The new 1099 Forms can be printed through the 1099 Forms Report.
In addition, some minor fixes have been included in CU7, however, support for Windows 2011 is still not included. If you have any questions about these updates, either fill out the form below or reach out to info@polaris-business.com.
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