Don't Delay. File your forms on time.
Failing to timely file correct information returns can lead to stiff fines.
The basic penalty for returns due in 2019 is $270 for each Form 1099, W-2, etc...
A lesser penalty is imposed when the information returns are corrected by August 1st.
The fine skyrockets to $540 or more if IRS can prove intentional disregard of the rules.