Form 1099: MISC Updates for 2020
Overview:
This course will explain the changes to the Form 1099 for 2020, including the introduction of a new form (Form 1099-NEC), how to tell the difference between an employee and a contractor, how to use Form W-9 effectively, IRS penalties and ways out of penalties, and how to respond to IRS notices.
Areas Covered in the Session:
- The basics, including: who issues 1099s, what transactions are reportable, and who gets a 1099
- Form 1099-MISC and 1099-NEC changes for 2020
- Employee vs. contractor: why it's important and how to tell the difference
- Using Form W-9 for better compliance
- TIN verification
- IRS letters and how to respond
- Backup withholding
Contact Info :
Compliance Key
https://www.compliancekey.us/
Email :support@compliancekey.us
Phone : +1 717-208-8666
Speaker and Presenter Information
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.
Relevant Government Agencies
Federal Government, State & Local Government
Event Type
Virtual
This event has no exhibitor/sponsor opportunities
When
Fri, Jun 26, 2020, 1:00pm - 2:00pm
ET
Cost
| Single Attendee: | $139.00 |
Website
Click here to visit event website
Organizer
Compliance Key
