Form 1099-MISC and 1099-NEC Compliance Update 2023

Recorded Session
60 Minutes

This webinar will cover Form 1099-NEC for independent contractors, and Form 1099-MISC for reporting payments such as rent. We will also cover Form 1099-K and how to deal with payments made via apps such as PayPal and Venmo. IRS penalties for failure to file correct 1099s continue to rise, and the IRS is cracking down on 1099-related compliance such as backup withholding.

WHY SHOULD YOU ATTEND?

Attendees will have better knowledge of 1099s and how to stay in compliance and avoid penalties.

AREA COVERED

  • What exactly is 1099, and who files them?
  • Determining the $600 threshold
  • Sending 1099s to corporations
  • Form 1099-K, Venmo, PayPal, and other payment apps complicate matters
  • Form W-9 and backup withholding

WHO WILL BENEFIT?

  • Accountants
  • Book Keepers
  • Office Managers
  • Human Resources Professionals
  • Compliance Professionals
  • Tax Preparers
  • Payroll Professionals

Attendees will have better knowledge of 1099s and how to stay in compliance and avoid penalties.

  • What exactly is 1099, and who files them?
  • Determining the $600 threshold
  • Sending 1099s to corporations
  • Form 1099-K, Venmo, PayPal, and other payment apps complicate matters
  • Form W-9 and backup withholding
  • Accountants
  • Book Keepers
  • Office Managers
  • Human Resources Professionals
  • Compliance Professionals
  • Tax Preparers
  • Payroll Professionals
Currency:
Webinar Option
Transcript (PDF Transcript of the Training)
Downloadable Recorded Session
DVD/USB

Speaker Profile

ins_img Jason Dinesen

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

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