IRS Form 1099, 1099-NEC, and Form 1099-MISC: Advanced Issues and Updates

The event focuses on enhancing Form 1099 compliance processes to minimize penalty risks in response to increased IRS scrutiny.

Topics

• Types of payments reportable on Form 1099
• Identifying exempt payments and entities
• Potential gaps and audit risks in Form 1099 processes
• Complex Form 1099 reporting areas
• Best practices for handling IRS penalty notices
• Legal settlements and reimbursement reporting
• Improving operational processes for compliance

Who should Attend

• Compliance professionals
• Tax managers
• Individuals overseeing Form 1099 processes
• Audit teams
• Organizations under IRS audits
• Financial officers