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, CPP, CPP, SPHR, SHRM-SCP, has more than 25 years of experience in all aspects of workforce management (payroll processing, taxation, employee handbooks, human resources, benefits, etc.).

Tricia has a Bachelor of Science in Management Studies from the University of Maryland University College. She is a Certified Payroll Professional (CPP) through PayrollOrg (formerly the American Payroll Association), a Senior Professional in Human Resources (SPHR) through the HR Certification Institute, as well as a Society for Human Resource Management Senior Certified Professional (SHRM-SCP).  

At PayrollOrg, Tricia is a Member of the National Speakers Bureau and a former Contributing Writer to Paytech Magazine, a regular periodical provided to over 30,000 Members.  

For the Susquehanna Valley Chapter of the American Payroll Association, Tricia has taught for both the Payroll and Human Resource Certification Study Groups and has served as both the Vice President and President of the Chapter.  She also served on the Program Committee of the Human Resource Professionals of Central PA and is the Treasurer of a York County Pennsylvania Non-Profit Association. 

Program Benefits

In our 100-minute program, you’ll discover how to ensure 1099-Misc, 1099-NEC, and 1099-K filings are handled accurately, reducing your exposure to fines and errors. By the end of this training, you’ll walk away with actionable techniques that finance professionals can use immediately to improve compliance, streamline operations, and enhance overall financial performance.

If you'd like this program customized for your organization, call us at 1-800-964-6033. We're certain we can fulfill your training needs, while making it fit in your budget!