Form 1099-MISC and 1099-NEC Reporting Updates 2023

HR & Payroll
Apr 26th 2023 01:00 PM ET
Jason Dinesen
60 Minutes

Details

Are you confident that your business is staying compliant with the latest Form 1099-MISC and 1099-NEC regulations? As IRS penalties continue to increase for incorrect filing, it's essential to understand the nuances of these forms and how to avoid potential errors. Join us for this comprehensive webinar that will cover everything you need to know about 1099-MISC and 1099-NEC compliance. Our expert presenters will provide the latest updates on these forms and discuss how to navigate complex scenarios, such as payments made through Venmo and PayPal.

Areas Covered:

         What are 1099-MISC and 1099-NEC forms, and who is responsible for filing them?

         Determining the $600 threshold for payments

         Sending 1099s to corporations

         Form 1099-K, Venmo, PayPal and other payment apps complicate matters

         How to report payments made to LLCs and partnerships on Form 1099-MISC and 1099-NEC

         How to determine whether someone is an independent contractor or an employee for purposes of Form 1099 reporting

         Common mistakes to avoid when filing Form 1099-MISC and 1099-NEC

         How to handle corrections and amendments to previously filed forms

         The role of the IRS's TIN Matching Program in ensuring accurate reporting

         Important deadlines for filing 1099-MISC and 1099-NEC forms

 

Why should you attend - The consequences of failing to comply can be severe, resulting in hefty penalties and fines that can put your business at risk. Don't let yourself fall behind the curve and become vulnerable to these potential consequences. Join our webinar and stay informed about the latest regulations and best practices for managing the complexities of Form 1099 reporting. Arm yourself with the knowledge and skills necessary to ensure that your business stays fully compliant and avoids any costly mistakes. The stakes are high, but with our help, you can stay ahead of the game and keep your business protected.

 

Target Audience: This webinar is ideal for accountants, bookkeepers, office managers, human resources professionals, and compliance professionals who need to stay current on the latest 1099-MISC and 1099-NEC rules and regulations. Don't miss this opportunity to learn from our expert presenters and gain the knowledge you need to stay compliant and protect your business.

         Certified Public Accountants (CPAs)

         Certified Management Accountants (CMAs)

         Certified Bookkeepers (CBs)

         Certified Payroll Professionals (CPPs)

         Human Resources Managers

         Compliance Officers

         Accounting Managers

         Financial Controllers

         Business Owners and Managers

Credits

teacher-image

Jason Dinesen

EA, LPA
Jason Dinesen (EA, LPA) is a tax nerd, entrepreneur, tax expert and a well known presenter of continuing education courses. He has an impeccable acumen for tax subjects, by virtue of which, he is known to create very well researched course materials helping individuals and businesses with accounting, bookkeeping, tax preparation, and business advisory in various industries. Known for his sharp tax interpretations, he is one of the quickest to bring the analysis of the latest tax updates and IRS guidance to the professional community. Jason has coached over 200,000 accounting, tax, and HR professionals on various topics of accounting, individual taxation, corporate taxation, professional ethics and much more. He has presented over dozens of webinars on Form 1099 (MISC & R); marriage in the tax code; tax updates; the new Form W-4, payroll updates, filing status, tax credit and other issues relating to the modern-day household setting. Moreover, Jason is known to be producing every other webinar/course a little different and updated from the previous one. No wonder, he is a top ranked presenter whose webinars and self-study course materials are very well received by the audience. He also teaches 2 classes at Simpson College, Individual Income Tax and Business Analytics.

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