All businesses are required by the Internal Revenue Service to issue various types of information reporting documentation in a timely manner regarding the income payments they have disbursed.
Join this session to become familiar with the numerous information reporting forms used to identify and distinguish the different types of payments made.
Topics for discussion:
- Stages in the 1099 process
- Awareness of practices required to remain compliant with proper policies and procedures
- A 1099 alphabet soup describing forms used to declare payments with similar purposes
- Updated regulations for businesses to be compliant
Learning Objectives:
- Describe the 1099 forms used to declare payments with similar purposes
- Recall practices required to remain compliant with proper policies and procedures
- Determine between Forms 1099 MISC, 1099 NEC, or W-2s for contract workers
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FOR RECORDED COURSES WITH VIDEO Download any course document(s) (below) which may include handouts, glossary, transcripts, etc. Follow any prompts contained in the documents to help you complete the course. Most documents are searchable. |
QUESTION 1: 0:05:00 minutes
QUESTION 2: 0:30:06 minutes
QUESTION 3: 0:33:08 minutes
QUESTION 4: 0:37:12 minutes
QUESTION 5: 1:31:12 minutes
QUESTION 6: 1:49:03 minutes
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Marcia L. Miller, MBA, EA
Financial Horizons, Inc
President & Owner
(954) 389-9510
Marcia L. Miller, MBA, EA is President and Owner of Financial Horizons, Inc.
Marcia’s experience spans over four decades of Accounting, Tax and Management Consulting for a practice with emphasis on representing Small Business Owners in all aspects of Taxes, Employment & Labor Issues, Pensions, Estate Planning as well as Federal, State (Nationwide) and Foreign mandatory reporting.
As an author, webinar expert, and live speaker for various national companies & accounting organizations at their annual conferences, she has shared her expertise on a multitude of current business taxation and accounting topics.
As a recognized Thought Leader and Speaker in the World of Information Reporting and commonly referred to as the "1099 Queen", Marcia was appointed to, and successfully completed a three-year term, as a Committee Member, to the Internal Revenue Service's Information Reporting Program Advisory Committee (IRPAC).
She received both her MBA and BBA from the University of Miami School of Business.
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