Form 1099 Updates 2020: Latest Forms, Rules and Reporting Regulations
About this Webinar
This webinar will cover the basics of Form 1099-MISC and will help a business stay in compliance with the law. We will discuss what payments are reportable, who needs to be sent a 1099-MISC, and how to send a 1099-MISC. We will discuss penalties and how to get out of penalties, and how to tell the difference between a contractor (who gets a Form 1099-MISC) and an employee (who gets a Form W-2). We will also spend a segment on Form 1099-K and its interaction with the 1099-MISC.
Session Highlights
- What is Form 1099-MISC
- What is Form 1099-MISC
- What payments are reportable
- Who gets a 1099-MISC
- What’s new — Form 1099-NEC
- Due dates
- Sending to the IRS
- Correcting errors
- Form W-9/showing due diligence
- Letters from the IRS
- Independent contractor or employee?
- Form 1099-K and its interaction with the 1099-MISC
- Rental property and the 1099-MISC
Why You Should Attend
January is the time to file Form 1099-MISC, and IRS penalties are increasing. This webinar will provide you with the information you need to stay in compliance with your Form 1099-MISC 2020 requirements. We will discuss penalties, how to get out of penalties, and how to avoid penalties in the first place. We will also discuss changes coming for 2020, including the new Form 1099-NEC, which will take the place of Form 1099-MISC. Be prepared for the January 31st filing deadline by taking this webinar and learning about your filing requirements and how to stay in compliance.
Who Should Attend
- Payroll professionals
- HR Professionals
- Accounting Professionals
- Tax Professionals
- Benefits Professionals
Speaker(s)
Jason Dinesen is the President of Dinesen Tax & Accounting, P.C., a public accounting firm in Indianola, Iowa. His practice focuses on accounting and bookkeeping services, tax preparation and business advising to individuals with a business focus ranging from home-based businesses to multistate corporations and not-for-profits. Dinesen has extensive experience working with a third-party administrator of retirement plans and is a prior presenter of multiple 1099 seminars. Dinesen majored in corporate communications with a minor in management from Simpson College.
CEUs
The use of this seal confirms that this activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.
Credits: 1.5
Unlimited Webinars
Why You Should Subscribe to Our Unlimited Webinar?
Unlimited Live and On-Demand Courses
Watch all live or recorded webinars (up to 120 minutes long). Get instant access to a library of more than 500 high quality courses presented by best-in-class presenters.
CEUs: APA, CPE, SHRM and HRCI Credits
Fulfil your recertification requirements by earning CEUs from APA, CPE, SHRM and HRCI.
Free Access to Course Materials
Each program comes with Additional Course Materials, which you can download and read anytime.
Additional Discounts
Get flat 20% discount on Premium Product Category like, Long Hour Webinars.
SUBSCRIBE NOW