In any case of its structure (sole proprietor, organization, etc) that creates "reportable transactions" amid the year, any commerce is required to issue a 1099 to the beneficiary of wage and the IRS. Form 1099-MISC compliance may be a shockingly complicated compliance necessity for businesses, accountants, and bookkeepers. The necessities are continuously changing, and answers are seldom clear-cut. This course will de-mystify a few of the precarious zones relating to Create 1099-MISC, such as when the 1099 ought to be issued and whether a specialist may be a temporary worker or an employee.
Why Should You Attend:
There are over 20 sorts of 1099s; this webinar will center on the 2 most common sorts -- Frame 1099-NEC and Frame 1099-MISC -- whereas touching on numerous other sorts of shapes. This webinar will cover a wide run of subjects to assist you and your clients remain in compliance with 1099 issues.
To stay compliant, practitioners must know which form to use to report specific transactions, when forms must be filed or furnished to recipients to be on time, which information to include, and how to make sure it is accurate.
Areas Covered in the Session:
Who Should Attend?
Jason Dinesen (EA, LPA) is a tax nerd, entrepreneur, tax expert and a well-known presenter of continuing education courses.
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 (for 10 years on this subject!); 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.
