10 Errors to Avoid During 1099 Reporting Season

1099 reporting is completed once a year, which makes it difficult for anyone to be an expert at something done so infrequently. Tune in to the upcoming webinar presented by Sovos to learn about the 10 common pitfalls and errors that occur during 1099 reporting season so you can avoid or limit the impact those errors can have on your process and overall compliance this reporting season.

Four common errors that will be covered during this webinar include:

• Payment misclassification
• Lack of accurate tax identification information
• Missed federal and/or state portal updates
• Misunderstanding of state reporting requirements

Wendy Walker
Solution Principal, Sovos

Wendy is the Solution Principal of Tax Information Reporting at Sovos. Wendy has over 16-years of successful tax operations and compliance leadership experience with emphasis in large financial institutions. Wendy is a member of the Internal Revenue Service Advisory Council (IRSAC) and represents the industry on a variety of issues.

Kelly Conner
Director, Product Marketing, Sovos

Kelly is the Director, Product Marketing for Tax & Regulatory Reporting at Sovos. Kelly's responsibilities include directing a team that establishes the marketing strategy and direction for Sovos' 1099, Affordable Care Act, Unclaimed Property, and Statutory Reporting solutions and services based on industry and client needs. Previously at Sovos, Kelly served as a customer service representative, where she serviced Sovos’ largest customers with unique tax reporting requirements. Kelly holds degrees in Marketing and Communication Studies from the University of Wisconsin-La Crosse.

Josh Barrett
Director, IOFM

Josh Barrett joined the Institute of Finance & Management (IOFM) in 2017 has served as the organization’s executive director since 2020. His is responsible for management of IOFM’s Membership and Certification, its virtual and in-person events, and its demand generation offerings.

Josh is committed to ensuring that IOFM is the premier provider of training and education for financial operations professionals, working closely with a team of content developers, industry leaders and subject matter experts.

Prior to joining IOFM, Josh spent 20 years working in marketing and advertising with companies including L.L.Bean, Globe Manufacturing, the Maine Office of Tourism and Bentley University.