Form 1099 Reporting Updates: Compliant Filing for 2024 & 2025

• Clear guidelines on different types of 1099 forms and when to use each
• Techniques to verify contractor information, reducing errors in tax ID reporting
• Step-by-step instructions for e-filing 1099s using IRS-approved methods
• Strategies to manage backup withholding and prevent common compliance issues

Program Highlights

Form 1099 Types: Navigate the Right Form for Each Contractor

• Learn how to differentiate various 1099 forms to ensure proper reporting
• Solutions for managing multiple contractors with varied reporting requirements
• Techniques to classify payments correctly to reduce rework and amendments

Streamlined Filing Process: Achieve Accuracy with Fewer Errors

• Methods for verifying tax ID numbers before filing to avoid penalties
• How to implement electronic filing using IRS-approved systems like IRIS
• Tips to communicate effectively with contractors to avoid mismatches

Handling Penalties & Notices: Ensure Compliance  

• Best practices and steps to prevent IRS notices and penalties
• Techniques to handle backup withholding and avoid unexpected tax obligations
• Ways to respond to IRS notices efficiently, ensuring timely compliance  

Question & Answer Session – have your specific questions answered!

About the Presenter

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.
• 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).
• Tricia is a Member of the National Speakers Bureau for PayrollOrg and a Contributing Writer to Paytech Magazine, a regular periodical provided to over 20,000 Members.

Program Benefits

In our 100-minute program, you’ll discover how streamlined Form 1099 compliance can benefit your organization, reducing costly penalties and saving time. You'll walk away with actionable skills to handle contractor payments correctly, effectively implement e-filing, and confidently manage compliance notices.