Description

With constant revisions to Form 1099 and the related 2025 rule changes announced to date (including those of July 2025), it is crucial to remain up-to-date with the current information reporting laws to avoid those dreaded penalties and interest—not to mention the time consumed to make corrections. Whether you are new or seeking an update, this course will provide CPAs, Accounts Payable, Payroll, and Tax professionals with plain English guidance to help minimize 1099 filing mistakes while breaking down the toughest 1099 payee and payment reporting situations.

In this course, industry expert and corporate tax attorney Steven D. Mercatante Esq. takes a look at some of the more common problems experienced by CPAs, accounts payable, and tax departments related to documenting, validating, and reporting payee information on IRS Forms 1099. He identifies key issues and best practices for addressing them.

Areas Covered in the Session:-

• Everything you need to know about the July 2025 Tax Bill as it relates to Form 1099/W-2 compliance and reporting
• Changes made in 2025 to Forms 1099 and what information you need to be in compliance
• What to do going forward regarding the new tax changes
• Strategies to remain compliant with proper policies and procedures
• What to look for going forward in terms of the rule-making process
• New documentation steps you must take to be 1099 compliant

Why Should You Attend?

• Get tips regarding how you should respond to the 1099/W-2 changes from the July 2025 tax bill
• Learn about 2025 updates to Forms 1099 including a detailed look at the Forms 1099-NEC, 1099-MISC, 1099-R, 1099-INT, 1099-K, 1099-DIV, 1099-C, 1099-S, and Form 945
• Identify the 1099 changes you must respond to prior to filing season
• Recognize what you still have to look for in terms of guidance to 1099 reporting procedures
• Discover how these new rules change your in-year Form 1099/W-2 compliance policies and procedures as well as reporting

This session equips you with the tools and knowledge to protect your organization from penalties while simplifying your tax reporting obligations. It’s an invaluable opportunity to ensure compliance and efficiency ahead of the next tax season.

Who Should Attend?
CPAs, tax professionals, accounts payable personnel, payroll departments, and compliance teams responsible for IRS information reporting and year-end tax filings.