2025 Changes in the 1099 World | Product

This webinar will prepare the attendee for filing 2025 tax returns, with a look at what's new, and a review of the rules and best practices. This session will help attendees get in front of 1099 filings before filing season arrives again.

TOPICS/AGENDA:

• Changes to the 1099-NEC and 1099-MISC for 2025
• Changes to other 1099s for 2025, including discussion of the new 1099-DA, and the latest on Form 1099-K
• 1042-S updates
• Form W-9: changed in 2024 but still relevant to discuss in 2025!
• Compliance reviews, including best practices, sending 1099s to corporations, dealing with CP-2100 letters, fixing errors, e-filing, and dealing with IRS penalties