W-9s and 1099s

Topic : W-9s and 1099s

Register : https://compliancekey.com/webinar/1731/w-9s-and-1099s/source_egrd

Offer : (10% Off) On New Signup

Overview:

The goal of this webinar is to provide you with tools to develop and W-9/1099 procedures manual so that your employees can exercise due diligence and not miss any company compliance issues.

Areas Covered in the Session :

• Starter Question: How can we best set up an independent contractor in our vendor payment system to ensure compliance with the IRS reporting rules?
• Protocols for setting up new vendors (ICs)
• When to require a Form W-9
• How to test the accuracy of the W-9 information with the IRS's records - for free!
• Who and what you pay determines whether you must report (1099 reporting)
• Forms to use to document your independent contractor as reportable or non-reportable
• Required governmental reporting on ICs
• Form 1099-NEC - New for 2020, this form addresses Non-employee compensation
• Form 1099-MISC - guidelines for proper use and classification of diverse payments on this form
• Best practices for filing 1099s with the IRS - TIP: never file early!
• The government wants to remove the exemptions - what this means to you

Speaker Profile :

Miles Hutchinson is a  keynote speaker of ComplianceKey. He is a CGMA and experienced businessman. He has been an auditor with PriceWaterhouseCoopers and the Chief Financial Officer of a $1 billion real estate development company.

Contact Info :

Compliance Key

https://www.compliancekey.com/

Email : [email protected]

Phone : +1 717-208-8666