Overview: The IRS made major changes to Form 1099-MISC for 2021. Non-employee compensation for 2020 is to be reported on the newly released Form 1099-NEC instead of Form 1099-MISC. The electronic filing requirement is expected to change from 250 or more forms to 100 or more forms for returns filed in 2022. Preparation for this change is critical to staying in compliance. Areas Covered in the Session: Information Returns: 2020 update to Form 10...

Overview: This webinar will focus on the latest updates for Forms 1099-MISC and 1099-NEC as well as expected updates to forms and processes for 2021. It will cover specific reporting requirements for various types of payments and payees, filing requirements, withholding requirements and reporting guidelines. Areas Covered in the Session: Information Returns: 2020 update to Form 1099-MISC; New Form 1099-NEC Information Returns: What they are an...

Overview: The goal of this webinar is to provide you with tools to develop and W-9/1099 procedures manual so that your employees can exercise due diligence and not miss any company compliance issues. The IRS places the responsibility of collecting name and Taxpayer Identification Number upon the payer NOT the payee. Areas Covered in the Session: Starter Question: How can we best set up an independent contractor in our vendor payment system to...

Overview: This webinar will discuss reporting 2020 information as required on Forms 1099-MISC and 1099-NEC in early 2021 as well as expected updates to the forms for reporting 2021 information. Areas Covered in the Session: Information Returns: 2020 update to Form 1099-MISC; New Form 1099-NEC Information Returns: What they are and using the Guide to Information Returns Forms 1099-MISC, 1099-NEC and 1096: Identification of reportable payments a...

Overview: This webinar starts with the basics of the privacy, security, and beach notification rules for health care providers. We explain how HIPAA rules protect the privacy and security of protected health information and provide individual patients with certain rights to their own health information. Health care practitioners play an important role in protecting the privacy and security of patient information. Areas Covered in the Session:...

The goal of this webinar is to provide you with tools to develop and W-9/1099 procedures manual so that your employees can exercise due diligence and not miss any company compliance issues. Areas Covered in the Session: Starter Question: How can we best set up an independent contractor in our vendor payment system to ensure compliance with the IRS reporting rules? Protocols for setting up new vendors (ICs) When to require a Form W-9 How to tes...

This webinar starts with the basics of the privacy, security, and beach notification rules for health care providers. We explain how HIPAA rules protect the privacy and security of protected health information and provide individual patients with certain rights to their own health information. Areas Covered in the Session : HIPAA basics for providers The privacy rule The security rule The breach notification rules Privacy rule updates for 2021...

Overview: The sharing of information about COVID-19 transmission is critical to containing the COVID-19 pandemic. But although HIPAA already has some provisions for sharing PHI in emergencies and disasters in the Privacy Rule, which will be explained, DHHS has relaxed some other rules and stated that it will not enforce yet others to facilitate the effective prevention and treatment of the disease. Areas Covered in the Session : Overview of HI...

This webinar will discuss reporting 2020 information as required on Forms 1099-MISC and 1099-NEC in early 2021 as well as expected updates to the forms for reporting 2021 information. New for 2020, non-employee compensation will be reported on Form 1099-NEC instead of Form 1099-MISC. Areas Covered in the Session: Information Returns: 2020 update to Form 1099-MISC; New Form 1099-NEC Information Returns: What they are and using the Guide to Info...

Overview: With SDA fully implemented and due to a recently approved amendment to the Rules, SDA is expanding with a third window for processing SDA transactions and the dollar limit is increasing for a single SDA transaction. History for Same Day ACH (SDA); it was implemented in three phases, beginning Sept of 2016 and ending in March 2018. Areas Covered in the Session : Outline the timing with adding the third processing window for SDA Entri...