1099-MISC and 1099-NEC Onsite and Online Courses

2023 Update available November 2023

A Complete Guide to IRS 1099-MISC, 1099-NEC Reporting Requirements and TIN Matching

1099-MISC, 1099-NEC Training to Keep Up-to-Date with Changes in Tax Form Regulations

Access and Administer the IRS TIN Matching System with ease.

Comply with all federal and state Form 1099 Regulations

Streamline W-9 reporting, TIN matching and 1099 filing

Be in compliance and audit-ready

(CPE credits available)

Form 1099 MISC & the NEW Form 1099-NEC Reporting can be confusing … Failing to meet all the NEW 1099 filing requirements can be costly.

Our online and onsite Form 1099 courses improve 1099 and W-9 reporting skills to help keep your business audit-ready and in compliance. Participants develop the skills to walk through the new 1099 reporting requirements with ease. They learn how to comply with Form 1099 Regulations (federal and state), determine Independent Contractor Status, who gets a Form 1099-MISC, who gets Form 1099-NEC and who gets a W-2 Form. Plus, participants learn "Best Practices" used to streamline 1099 filing.

Our online and Instructor-led 1099 courses teach participants how to classify workers who have Independent Contractor Status and correctly report their income and backup withholding in the appropriate boxes on the IRS Forms1099-MISC and 1099-NEC.

    On-Site Instructor-Led Form 1099-MISC and 1099-NEC Training

(CPE credit is for onsite instructor-led courses)

With a maze of 1099 forms and confusing, ever-changing IRS reporting guidelines, mastering the 1099 can be a daunting task for any business. Our Form 1099 MISC Training improves 1099 reporting skills and helps keep your business audit-ready and in compliance.

1099 MISC Onsite Training Course (we come to your location at a date and time of your choosing): The onsite course is a half day. A workbook is provided for the participants. The workshop starts off discussing Form W-9 and Backup Withholding. The program will discuss CP2100 and CP2100A Notices, B-Notices and what is considered missing or incorrect taxpayer identification numbers (TIN). In the workshop, we will discuss P-cards and the common problems to watch out for and the 1099 MISC emerging compliance issues with Federal and State 1099 reporting. 

Then we will discuss each box on the 1099 MISC form, what is reportable and the exceptions. At the end of the training, we go over the rules of correcting returns, filing the 1099 MISC and special issues that relate to 1099 MISC vendors (garnishments, new hire reporting, etc.)

1099 MISC Online Training Course: With this course you will have the tools necessary to determine which vendors should be flagged for 1099 MISC reporting (even if they are incorporated). It serves as a complete guide to the 1099 MISC reporting requirements for each and every box on the 1099 MISC form. This course details the information you are required to collect from your vendors. In addition, you will learn how to protect your company and avoid penalties when vendors do not provide the required information.

Who Should Attend

Accounts payable personnel, accountants, CFOs, controllers, purchasing agents, tax managers, as well as managers and supervisors with authority to purchase on behalf of the company. 

Learning Objectives:
By the end of this training the participant will be able to...

• How to best set up an independent contractor in your vendor payment system to ensure compliance with the IRS reporting rules?
• Protocols for setting up new vendors (ICs)
• When to require a Form W-9
• How to test the accuracy of the W-9 information with the IRS’s records – for free!
• Who and what you pay determines whether you must report (1099 reporting)
• Forms to use to document your independent contractor as reportable or non-reportable
• Required governmental reporting on ICs
• Form 1099-NEC – New for 2020, this form addresses Non-employee compensation
• Form 1099-MISC – guidelines for proper use and classification of diverse payments on this form
• Best practices for filing 1099s with the IRS – TIP: never file early!
• The government wants to remove the exemptions – what this means to you
• Recognize how to remain “audit ready”

Overview of Program Content: 

• Determine who must receive a Form 1099-MISC and who gets Form 1099-NEC
• W-9 reporting and what to do if you do not have ALL the information
• Determine what information you are required to obtain
• Detect which vendors are required to comply with information requests
• Identify the steps you must take when you receive a "B" notice
• Determine what the latest changes are to the backup withholding rules
• Identify when and where expense reimbursements must be included on the 1099
• Determine what the new-hire reporting requirements are for Form 1099 and which states require them
• Recognize services that require 1099 reporting
• Identify the most recent rules on how you must report payments to attorneys and health care services
• Determine when a corporation is included in your reporting requirements
• How to avoid costly reporting mistakes
• Stay “audit ready” with our 1099 Reporting Checklist

 For More information call Toll Free 1-877-385-5515

Alliance Training and Consulting, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. (Registry ID: 108212 ; Approved Delivery Method: Group Live) State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.