HR & Payroll

Overview:

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. We will cover all of these topics in a fast-moving 60 minutes.

Session Highlight:

·       One-slide overview of 1099s

·       What’s new for 2022 – the electronic filing mandate is changing

·       To issue or not to issue: Form 1099-K, Venmo, PayPal and other payment apps

·       CP-2100 letters: what they are and how to respond

·       Form W-9 and backup withholding

·       1099-MISC discussion

·       Contractor versus employee: why it’s important and how to differentiate

Benefits For Attending:

This webinar will provide the latest on 1099 compliance, ranging from basic items to more-advanced items. The penalties relating to 1099s continue to rise, and it appears IRS enforcement is increasing as well.

What Will You Achieve:

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

Who Should Attend:

·       Business Owners

·       Senior Management

·       CFO & Controllers

·       CPA’s & EA’s

·       Human Resources professionals

·       Compliance professionals

·       Information Reporting Professionals

·       Accountants

·       Bookkeepers

·       Tax Professionals

·       Auditors

·       Office Managers

·       Managers & Supervisors

Ask your question directly from our expert during the Q&A session following the live event.