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1099 Resources
IOFM's tools will help simplify your year-end and 1099 season.
The IRS continues to make changes related to 1099 filing, and organizations face steep fines for failing to correctly file their 1099s. Fortunately, IOFM has you covered.
Thousands of AP leaders rely on IOFM’s expertise to keep them up-to-date on constantly-evolving IRS regulations and state-by-state guidelines, including the pending change to a much lower threshold for mandatory electronic filing of Forms 1099, 1042-S and corrected and amended returns.
For more than 20 years, IOFM has reduced your peers’ compliance risk by providing:
- Timely insights on IRS changes through monthly Compliance Webinars
- One-on-one access to a team of experts to address your specific 1099 questions and queries about state reporting requirements
- Tools and templates to efficiently update your internal compliance processes
This year, take advantage of IOFM's resources and tools to help ensure your 1099 season is smooth and error-free.
Articles
- MEMBER Content
1099-NEC Basics—Q&A - MEMBER Content
Arguing Your Case in the Event of an IRS Penalty Notice - MEMBER Content
Should You Outsource 1099 Preparation? - MEMBER Content
Are You Being Audited by the IRS? - MEMBER Content
Is 1099-NEC Eligible for the IRS Combined Federal/State Filing Program? - MEMBER Content
12 Ways to Wrap Up the Current Fiscal Year While Preparing for the New One - MEMBER Content
Year-End Is a Good Time to Scrub the VMF
View 100+ articles designed to help you with 1099 filing ›
Learn more about IOFM Membership options, including our free Starter Membership.
Compliance Webinars
IOFM produces 12+ Live Compliance Webinars annually on critical, timely topics related to 1099 and 1042-S filing. They are available for FREE to Business and Enterprise Members, and for $199/each for our Professional Members. Past popular topics have included:
Form 1099 and Form 1042-S Update for 2023 Reporting
IRS Form W-9: Understanding and Using the W-9 in the Form 1099 Compliance Process
Form 1099-MISC: Box-by-Box Explanation of IRS 2023 Reporting Requirements
IRS Electronic Filing of Forms 1099 and 1042-S
View Upcoming Compliance Webinars
2024 Master Guides to 1099 and 1042-S Compliance
Our 2024 Master Guides are available now!
IOFM’s Master Guides to 1099 and 1042-S Compliance are updated annually in line with when the IRS publishes guidance. They contain comprehensive information concerning IRS rules and regulations, what is reportable, when and how to file to the IRS, compliance checklists, and a year-end review that will save you time and help you avoid penalties.
Need to get up to speed on 1099-NEC? We've got that covered!
Online access to our Master Guides is a benefit of Business and Enterprise Membership. They are available to Professional Members for $100 each.
Expert Answers to 1099 questions
IOFM’s Ask the Expert is the ultimate safety net when it comes to 1099 compliance and year end. Do you have a unique situation? An unusual challenge? A question about specific state reporting guidelines? Our panel of experts is prepared to help. We’ve answered over 1,100 questions from our Members including hundreds of 1099 questions, preventing costly failures in their IRS tax compliance. Here are just a few examples:
- State 1099 filing requirements
- 1099-NEC, Box 1
- Correction to a 1099-NEC form
- Can I sign up with the IRS to be notified of form updates?
- 1099s for third-party payment methods?
- Missing TIN for past due 1099 form
- 1099 reportability of donation payments
- What to do if you send a 1099 to someone who is not taxable
- 1099 reporting of returned funds
1099 Certification (CPRS)
IOFM’s Payment Reporting Specialist (CPRS) Certification focuses on compliance with ever-changing federal and state 1099 regulatory requirements. The penalties and risks associated with non-compliance are onerous and costly, and the burden is on you and your organization – not the IRS – to see that you are educated about regulatory updates.
Registration is $895 for non-Members. IOFM Members receive discounts of 10-20%.
Sign up for the Insider
Sign up for our IOFM Insider and receive monthy updates on free and Member resources about 1099 and more.
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