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LIVE$179.00
RECORDED$189.00
E - Transcript$189.00
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RECORDED + E-TRANSCRIPT$199.00
LIVE + E - TRANSCRIPT$199.00
LIVE + RECORDED + E-TRANSCRIPT$229.00
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Description


LIVE ONLINE TRAINING COURSE

       1 CEU HRCI | 1 PDC SHRM APPROVED


Form 1099 reporting has always been tricky, and changes in 2020 and 2021 continue to increase the reporting burden. Tucked away in the American Rescue Plan was a change to reporting on a form called a 1099-K, which has an interaction with contract labor reported on the 1099-NEC. More and more contractors are taking payment via apps such as Venmo – how are those payments reported? Or are they reported at all? These are among the things you’ll learn in this fast-paced, 1-hour webinar.

SESSION HIGHLIGHTS:

  • A look at the 2021 version of the 1099-NEC and 1099-MISC
  • What is a 1099?
  • Who gets a 1099?
  • When do corporations get 1099s?
  • A review of medical payments and legal payments
  • How to file 1099s?
  • Form 1099-K updates and interactions with the 1099-NEC
  • Form W-9 updates and discussion
  • Dealing with reimbursements to contractors
  • Who exactly is a contractor?

Why You Should Attend:

This webinar will covers the latest updates businesses need to be aware of with the 1099-NEC and 1099-MISC. This includes changes in the American Rescue Plan relating to Form 1099-K, which in turn affects the 1099-NEC and 1099-MISC. We will also cover topics such as: how (or if) you report payments made to contractors through Venmo. We also cover the basics such as what is a 1099, who gets a 1099, what are “medical payments” and what are “legal payments”?

Who Should Attend:

  • Accountants
  • Tax preparers
  • Human resources professionals
  • Payroll professionals

During the Q&A session following the live event, ask a question, and get a direct response from our expert speaker.

Note: You will get access to the Recording link and E-Transcript; in your account and at your registered email address, in the next 2 -3 days once the webinar is accomplished.

Course Ministry is recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® or SHRM-SCP® recertification activities.

“HR Certification Institute’s® (https://www.hrci.org) official seal confirms that Course Ministry meets the criteria for pre-approved recertification credit(s) for any of HRCI’s eight credentials, including SPHR® and PHR®.”

Jason T. Dinesen, LPA, EA is the President of Dinesen Tax & Accounting, P.C., a public accounting firm in Indianola, Iowa. His practice focuses on tax and accounting services for small businesses and individuals. Dinesen has extensive experience working with a third-party administrator of retirement plans and is a prior presenter of multiple 1099 seminars.