1099-Misc, 1099-NEC & 1099-K: Filing Guidelines for 2024

Wednesday, October 30th, 2024 at 1 PM (ET)

🎥 Can't make it live? No worries! All registrants will receive the full recording after the event.

In our interactive instructor-led 100-minute event, you will learn how to navigate the complexities of Forms 1099-Misc,1099-NEC, and 1099-K processing to ensure accurate and timely filings for 2024.

Discover strategies and practices that will help you reduce costly filing errors, avoid penalties, and streamline the submission process.

Join us as we cover the following:

• Latest updates to Forms 1099-Misc, NEC, and K
• How updates impact your reporting requirements
• When to use the Form 1099-Misc versus NEC forms
• Filing deadlines and electronic filing requirements
• New thresholds and requirements for 1099-K processing

Program Highlights

Navigating IRS Requirements: Latest Updates & Changes

• How to identify which vendors and payments require a 1099-Misc or NEC
• Methods to coordinate with external vendors for accurate 1099 filing
• Understanding changes in e-filing thresholds and key deadlines
• Processing 1099-K forms, including thresholds for credit card and third-party payment platforms

Best Practices to Avoid Common Filing Pitfalls

• Managing 1099 filings with different payment methods
• Avoid triggering IRS notices through proper form selection and submission
• Solutions to avoid costly errors and Form 1099 accuracy

Guidelines for Improved Compliance & Filing

• How mastering 1099 processes now saves time and reduces IRS penalties
• Facilitate seamless collaboration with payroll, accounting, and external vendors
• Improve tracking of contractor payments and minimize confusion with third-party transactions

Question & Answer Period: - Have your specific 1099 questions answered!

ABOUT THE SPEAKER

Tricia Richardson

Tricia Richardson, CPP, SPHR, SHRM-SCP provides clients with direct payroll assistance, information, education, consultation, and even empathy, in her role as a Consultant.Tricia has more than 25 years of experience in all aspects of workforce management (payroll processing, taxation, employee handbooks, human resources, benefits, etc.). Tricia is a Payroll and Human Resource “nerd” who enjoys reading Internal Revenue Code.