Form 2020 - Form 1099 and W-9 Updates for 2020

Topic : Form 1099 and W-9 Updates for 2020
Register : https://www.compliancekey.us/webinar/1693/form-109...
Offer : (10% Off ) On New Signup
Overview
Businesses reported contract labor pay in box 7 of Form 1099-MISC. That has changed for 2020 with the new Form 1099-NEC being introduced. This webinar will cover what transactions are reportable on the 1099-MISC and 1099-NEC; filing issues, penalties, and how to get out of penalties; how to tell the difference between a contractor and an employee; compliance tips including proper usage of Form W-9; a line-by-line discussion of the W-9; and how Form 1099-K interacts with the 1099-MISC and 1099-NEC.
Areas Covered in the Session :
An overview of the new 1099-NEC
Who needs to file 1099s
What payments are reportable
2020 changes to the 1099-MISC
Filing 1099s with the IRS, including due dates and the e-filing mandate
Penalties for late filing
Getting out of penalties
Speaker Profile :
Jason Dinesen is a keynote speaker of Compliance Key. 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 a variety of clients and industries. Dinesen has extensive experience working with a third-party administrator of retirement plans and is a prior presenter of multiple 1099 seminars.
Contact Info :
Compliance Key
https://www.compliancekey.us/
Email : support-AT-compliancekey.us
Phone : +1 717-208-8666