1099 Year-End Reporting Online Class
Are you ready for year-end reporting? When it comes time to get 1099 statements to your payees and report returns to the IRS, you want to know your organization can handle the task. This seminar will provide you with the information you need to successfully complete year-end 1099 reporting.
Learn what’s included in new 2012 reporting requirements.
Find out how new 2012 regulations will effect your transactions.
How to Easily Understand your 1099 Requirements
- 2 Questions you must answer in order to report correctly
- 3 ways to get information from your vendor correct the first time!
- An in-depth review of payments reportable on a 1099-MISC
- Create your own substitute W-9
- Does your current accounting software hinder your ability for compliance?
- Review death benefit reporting on 1099-R
- Overview of revised form 1099-C
Ensure Timely Filing of Your 1099 forms
- How to utilize the IRS TIN Matching Program
- New date for statements sent to recipients
- Taking advantage of extended deadlines to lower your penalty exposure
- Why you should file your forms electronically
- Step by Step process for delivering your 1099’s via the internet
- Send statements electronically to recipients
Addressing Grey Areas in Your Reporting Process
- Learn the IRS requirements for corrections
- Review the final information on attorney reporting
- Fringe benefits and expense reimbursements
- 4 types of back-up withholding
- Filing your form 945
Implementing State Requirements
- An overview of your state reporting obligations
- Are you required to file state returns?
- Why you should use the Combined Federal/State Filing Program
Plus: Identify payments exempt from new proposed regulations
Plus: New proposed regulations for P-Card reporting
Scheduled Dates:
September 13th -15th; 1:00pm – 3:00pm each day
November 3rd -5th; 1:00pm – 3:00pm each day
Level: Basic
Prerequisite: None. Recommend 1099 Primer Webinar, 1099 Basics Webinar.
CPE Credits: 7 CPE
Registration Fee: $349.00 $299.00 through August 2010 Extended until September 17th
Invoice Me!
Post Seminar Support: As a seminar alumnus you receive 6 months tax question support following attendance. Get answers to your questions from our experts by emailing questions@ncomplianceservices.com.
Webinar on Demand
