Form 1099 Filing: What’s Required for 2019 & New for 2020
Tax laws and forms for 1099 reporting have changed yet again - and it’s more important than ever that you know:
1. What type of statements you must furnish to reportable payees - and when
2. Who is excluded
3. How to accurately report these payments
In this new 90-minute workshop, you’ll learn best practices for navigating the latest 1099 reporting rules for 2019 and 2020, along with practical, actionable compliance guidance.
In this workshop we’ll answer all your questions regarding Form 1099:
- Which payments am I required to report on?
- What are the most recent changes on all the 1099 forms?
- What are the most common errors made when reporting and filing 1099s?
- What are the payment minimums I’m required to report?
- How do I file my forms online?
- When are the reporting and filing deadlines for electronic versus paper forms?
- How do I verify my TINs?
- If I didn’t complete the TIN Matching process correctly, what do I do with the IRS notices? And what do I tell my vendors?
- Does backup withholding apply to me?
- What is Form 1099’s relationship to B Notices (CP2100 and CP2100A) and TIN Penalty Assessments (972CG)?
- How do I handle p-card transaction processing?
- What happens if I report or file my 1099 forms incorrectly?
And if you have more questions beyond this list, you’ll get the chance to ask the expert in the live session, or follow up via email after watching on-demand!
About the Speaker
Mark Schwartz has over 15 years of experience in state and federal payroll tax audits, collection, and payroll consulting.
As an auditor, Mark prided himself on his ability to educate his auditees on state and federal payroll tax requirements. Whatever issues he found in audits, he ensured the auditee knew how to comply in the future. He worked to minimize company disruptions in the audit process.
In addition to his real-life experiences, Mark has a Masters in Business Administration, and currently uses his entertaining and helpful personality to help organizations prepare for payroll tax audits – whether they’ve already got the notice or are still hoping they don’t.
Learn everything you need to know about the most recent changes to the 1099 forms in this 90-minute workshop.
This program has been approved for 1 (HR (General)) recertification credit hour toward aPHRTM, aPHRiTM, PHR®, PHRca®, SPHR®, GPHR®, PHRiTM and SPHRiTM recertification through the HR Certification Institute. Learn more at hrci.org