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1099-MISC & 1099-NEC: 2024 COMPLIANCE ESSENTIALS

Date : September 27, 2024
Time : Available All Day
Duration : 90 Minutes
Speaker : Jason T. Dinesen
   
   
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DESCRIPTION

--------------------------------------------------------------------------------

RECORDED TRAINING COURSE

     1.5 CEUs HRCI 1.5 PDCs SHRM APPROVED| 1.5 CPEs NASBA APPROVED

--------------------------------------------------------------------------------

Regardless of its structure (sole proprietor, corporation, etc.) that makes
“reportable transactions” during the year, any business is required to issue a
1099 form to the recipient of income and the IRS. IRS Form 1099-MISC compliance
is a surprisingly complicated compliance requirement for businesses and
accountants. The requirements are always changing, and answers are seldom
clear-cut. This course will demystify some of the tricky areas relating to Form
1099-MISC, such as when the 1099 form should be issued and whether a worker is a
contractor or an employee.

This Online course includes the latest update on Form 1099-NEC which is being
Resurrected by IRS & will be used to report payments made to independent
contractors. Independent Contractors receive Form 1099 instead of IRS Form W-2. 
Form W-9 will also be discussed. Although, many  don’t understand or
underestimate the power of Form W-9. 

Form W-9 is a simple form also known as Request for Taxpayer Identification
Number and Certification Number. The speaker will expel the myth around the
form. 

There are over 20 types of 1099s; this webinar will focus on the 2 most common
types — Form 1099-NEC and Form 1099-MISC — while touching on many other types of
forms. This webinar will cover a wide range of topics to help you and your
clients stay in compliance with 1099 form 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.

SESSION HIGHLIGHTS:

 * To explain how to determine payment amounts.
 * To analyze when corporations receive 1099 forms.
 * To identify the Form 1099-K exception to issuing 1099 forms.
 * To review the requirements for sending 1099s to the recipient.
 * To explore how to file 1099s with the IRS, including possible changes to the
   electronic filing threshold.
 * To discuss when a business needs to file Form 1099-MISC.
 * To analyze the usage of Form W-9.
 * To review and discuss CP-2100 letters and B-Notices.
 * To identify when a business needs to do backup withholding.
 * To explain the basics of Form 1099-INT.
 * To identify changes to various other 1099 forms.

WEBINAR COVERS THE FOLLOWING KEY TOPICS

 * Issuing 1099s, part 1·
 * Issuing 1099s, part 2
 * How to file
 * Form 1099-MISC
 * Form W-9
 * CP-2100 Letters
 * Backup withholding
 * Form 1099-INT
 * A quick rundown of what’s new with other types of 1099s

WHY YOU SHOULD ATTEND:

This webinar is ideal for accountants, bookkeepers, office managers, human
resources professionals, and compliance professionals who need to stay current
on the latest 1099 rules and regulations. He will also talk about, Independent
Contractors,  Don’t miss this opportunity to learn from our expert presenters
and gain the knowledge you need to stay compliant and protect your business. 

WHO SHOULD ATTEND:

 * Certified Public Accountants (CPAs)
 * Certified Management Accountants (CMAs)
 * Certified Bookkeepers (CBs)
 * Certified Payroll Professionals (CPPs)
 * Human Resources Managers
 * Compliance Officers
 * Accounting Managers
 * Financial Controllers
 * Business Owners and Manager 

Note: You will get access to the Recording link and E-Transcript; in
your account and at your registered email address.

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.

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®.”



Course Ministry is registered with the National Association of State Boards of
Accountancy (NASBA) as a sponsor of continuing professional education on the
National Registry of CPE Sponsors. State boards of accountancy have final
authority on the acceptance of individual courses for CPE credit. Complaints
regarding registered sponsors may be submitted to the National Registry of CPE
Sponsors through its website: https://www.nasbaregistry.org.


CONTACT US

Address:
2803 Philadelphia Pike Suite B Claymont, DE 19703 USA

Email:
support@courseministry.com





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