Form 1099 Updates

On-Demand Schedule

Sat, July 20, 2024 - Sat, July 27, 2024

Duration

90  Mins

Level

Basic & Advanced

Webinar ID

IQW24D0449

  • Reminders & What’s New 
  • Information Returns 
  • A walk-through Form 1099-MISC 
  • Correcting errors 
  • SSN, TIN, EIN 
  • TIN Solicitation & “B” Notices 
  • TIN verification 
  • Backup withholding

Overview of the webinar

This webinar will cover the latest updates for Form 1099-MISC, specific  reporting requirements for various types of payments and payees, filing  requirements, withholding requirements, and reporting guidelines. It will  cover important changes to the filing due dates and the new safe harbor  requirements for de minimis dollar amount errors. It will also cover penalty  provisions and exceptions to the penalties, due diligence procedures,  exceptions to penalties including reasonable cause, common errors, and  correction of errors.

Who should attend?

This webinar will provide valuable insights to:  

  • CPA, EA, attorney, and staff 
  • Accounts payable 
  • Tax department 
  • Human Resources 
  • Construction managers 
  • CFOs and controllers 
  • Accounts payable and accounting managers 
  • Accounts payable processing professionals 
  • Employers and business owners 
  • Purchasing managers and professionals 
  • Public accountants

Why should you attend?

The changes in reporting requirements can be confusing and the IRS has  recently made changes to reporting, error correction, and filing due date  requirements. Accounts payable professionals, managers, and withholding  agents need to be aware of the changes in order to avoid non-compliance and  penalties. For non-compliance, penalties have recently been increased. In  order to stay compliant, practitioners must know which form to use to report  specific transactions, when these forms must be filed or furnished to  recipients in order to be on-time, what information should be included and  how to make sure it is accurate, how and when to make corrections, how to  avoid or mitigate errors, whether a particular payee is subject to backup  withholding or transaction reporting, and the due diligence procedures that  shield an issuer from penalties, even when the forms contain incorrect.

Faculty - Mr.Jason Dinesen

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 credits, corporation and partnership taxation and other issues relating to the modern-day setting.

Jason always had a knack for speaking and news reporting. He is regularly featured as an anchor for Radio Iowa and Radio Minnesota, is a frequent Podcast Guest and hosts his own Podcast. 

100% MONEY BACK GUARANTEED

Refund / Cancellation policy
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