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 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.