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

On-Demand Recording

Summary

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

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!

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!

ABOUT THE SPEAKER

Henry Hansch
Henry Hansch
Henry Hansch III, a seasoned technology professional with a proven track record in driving innovation and efficiency, brings his deep expertise to Resourceful Finance Pro. Leveraging years of experience in developing and implementing cutting-edge tech solutions, Henry provides insightful articles exploring the intersection of technology and finance. His focus is on demystifying complex tech concepts, offering practical advice on how financial professionals can leverage emerging technologies to optimize operations, enhance decision-making, and navigate the rapidly evolving digital landscape.

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HRCI CREDITS

This program has been approved for 1.5 (HR (General)) recertification credit hour toward aPHRTM, aPHRiTM, PHR®, PHRca®, SPHR®, GPHR®, PHRiTM and SPHRiTM recertification through the HR Certification Institute. Learn more at hrci.org

SHRM CREDITS

Resourceful Finance Pro is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP® or SHRM-SCP®. This program is valid for 1.5 PDCs for the SHRM-CP® or SHRM-SCP®. For more information about certification or recertification, please visit www.shrmcertification.org.