Date: September 21, 2021 Time: 10 AM PT | 1PM ET
Duration: 60 Minutes Speaker: Jason Dinesen
Speaker Bio:
Jason Dinesen is the President of Dinesen Tax & Accounting, P.C., A public accounting firm in Indianola, Iowa. His practice focuses on tax and accounting services for small businesses and individuals. Dinesen has extensive experience working with a third-party administrator of retirement plans and is a prior presenter of multiple 1099 seminars. Dinesen majored in corporate communications with a minor in management from Simpson College. He started his practice in 2009.
DESCRIPTION
LIVE ONLINE TRAINING COURSE
1.5 CEUs HRCI | 1.5 PDCs SHRM APPROVED
Learn about changes
to the Form 1099 for 2021, including the introduction of a new form (Form
1099-NEC), how to tell the difference between an employee and a contractor, how
to use Form W-9 effectively, IRS penalties and ways out of penalties, and how
to respond to IRS notices.
Session Highlights:
- The basics, including who, issue 1099s, what transactions are reportable, and who gets 1099
- Form 1099-MISC and 1099-NEC changes for 2021
- Employee vs. Contractor: why it’s important and how to tell the difference
- Using Form W-9 for better compliance
- TIN verification
- IRS letters and how to respond
- Backup withholding
- Paying reimbursements to contractors: 1099 reportable or not
Why
You Should Attend:
This course will cover compliance aspects relating to the new Form 1099-NEC, and the Form 1099-MISC. We will start by discussing the basics of 1099s including who must file, which transactions are reportable, and who receive 1099. We will then discuss due diligence steps for determining who is a contractor vs. who is an employee, and how to effectively use Form W-9. We will also discuss filing issues including due dates, the e-filing mandate, and penalties for late filing, and how to reply to CP-2100 notices from the IRS regarding mismatches in taxpayer identification numbers.
Who Should Attend:
- Business owners
- HR Professionals
- Managers
- Office Managers
- Bookkeepers
- CFOs
- Controllers
During the Q&A session following the live event, ask a question and get a direct response from our expert speaker.
Notes: You will get access to the Recording link and E-Transcript; in your account and at your registered email address, in the next 2 -3 days once the webinar is accomplished.
