Form 1099-MISC and 1099-NEC Compliance Update 2023

Learn valuable insights and strategies from industry experts.

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  • Industry Best Practices
  • Practical Implementation
  • Real-world Scenarios
Webinar Image
Date
14 September, 2023 (Thursday)
Time
10:00 AM PDT | 01:00 PM EDT
Duration
60 Minutes Minutes

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.

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

Why Should You Attend

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

Who Will Benefit?

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

Speaker

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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