'Tis the Tax Forms Selling Season
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For instance, the depth of the 1099 miscellaneous form—the most popular of 1099 forms—is changing from 31⁄2˝ to 51⁄2˝. "Anytime you have a change that drastic, it requires reprogramming and new envelopes and the price of the form is affected," said Foster.
And it's this price increase, believes Goeden, that will be distributors' biggest challenge this year. "Distributors are going to have to be prepared to explain to their customers why they're going to be spending a lot more money—that they will have to buy a lot more paper in order to get the same number of forms."
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