1099 Compliance Update Course Tax Year 2023
Accounts Payable Vendor Teams get ready for the new 1099-NEC and the newly updated 1099-MISC. This course is updated annually and provides the latest guidance and regulation.
Learn all you need to know with this annually updated course from IFOL
This self-paced course and on-demand workshop provides comprehensive training to process the 1099-MISC, 1099-NEC and 1042 forms for your reportable vendors.
What You Will Learn
You’ll learn about all new changes to 1099 forms and keep you compliant with current guidance and regulations.
The #1 source of quality education you can trust
Welcome
Dislclaimer
Introduction
Course Content
Why the Change
1099-MISC Overview
1099-MISC - Payment Information
What is a Tax Identification Number
What is an Account Number? 1099-MISC
1099-MISC Form - Payer-Recipient Information
1099-NEC Form Overview
1099-NEC Form - Payment Information
What is a Tax Identification Number
What is an Account Number? 1099-NEC
1099-NEC Form - Payer-Recipient Information
Reportable Payments Introduction
Reportable Payments Based on Tax Classfication and Payment Type
Reportable Payments Review Box by Box - 1099-MISC
Reportable Payments Review Box by Box - 1099-NEC
Backup Withholding for 1099-MISC and 1099-NEC
Federal Reporting Requirements Introduction
Federal Due Dates, Extensions and Penalties
Federal Electronic Filing
1099 Compliance Update Course Tax Year 2023 - IRS Publications and Resources List
Federal Links to Forms and Publications
State Reporting Requirements
1099 Compliance Updated Course Tax Year 2023 - State SOS Links
System and Process Changes
Summary
Part of the IFOL Education Team
Debra Richardson
Access your on-demand course and instructional videos for 12 months
$199.99
No additional fees to pay