On-demand Webinar: IRS Form 1099-NEC and 1099-MISC Changes for 2021

This essential update will prepare you to handle the changes in IRS forms, instructions and regulations for 2021 tax reporting required on Form 1099-NEC (Non-Employee Compensation) and 1099-MISC (Miscellaneous Information). Though 2020 was a big year for changes in 1099 reporting, the IRS has implemented further changes for 2021.

• Due dates for Form 1099-NEC and 1099-MISC filing to the IRS and furnishing statements to payees
• Which forms are eligible for extension of the IRS due date?
• IRS changes in the electronic filing mandate for 1099s
• New box on the 2021 Form 1099-NEC
• What’s reportable box-by-box on the 2021 Form 1099-NEC, Nonemployee Compensation
• What’s reportable box-by-box on the 2021 Form 1099-MISC, Miscellaneous Information
• IRS Form 945 annual filing to report nonpayroll withholding of federal income tax

Learning objectives: Identify changes to Form 1099 reporting for tax year 2020; identify possible further changes in 2021 and beyond.

Featured speaker:

Marianne Couch, JD - Principal, Cokala Tax Information Reporting Solutions, LLC

Marianne Couch, JD, is a Principal in the Cokala tax group and an experienced and well-known advisor on U.S. federal and state tax information reporting compliance.  She is a frequent lecturer at major tax conferences and the author of The Master Guide to Form 1099 Compliance, The Master Guide to Form 1042-S Compliance and numerous published articles. Prior to co-founding Cokala in 2007, she was for many years the Research Director of the tax reporting specialty firm Balance Consulting, and chaired special training and advisory services provided to large organizations and academic and nonprofit institutions.           

Marianne was an appointee for three years to the IRS Commissioner’s Information Reporting Program Advisory Committee (IRPAC), where she was Chair of the IRPAC Subcommittee on Small Business and Self-Employed (SBSE) tax issues. 

Marianne formerly served as a Research Attorney for the Michigan Court of Appeals, and earlier as a litigator for a large Michigan law firm, where she represented individuals and large clients in many types of civil actions.  She received her JD, cum laude, from the Michigan State University School of Law, and is a member of the State Bar of Michigan.

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