The IRS has changed the way contract labor is reported. Starting with 2020, you will report contract labor on a Form 1099-NEC instead of Form 1099-MISC. This webinar will cover that change, along with other 1099 topics such as how to file, when to file, how to fix errors, and how to tell the difference between a contractor versus an employee. We will also cover the Form 1099-K and how it interacts with other types of 1099s, making it so payments subject to 1099-K reporting are not subject to reporting on other types of 1099s. This webinar will help you stay in compliance and avoid penalties.
WHY SHOULD YOU ATTEND?
The IRS has changed the way contract labor is reported. Starting with 2020, you will report contract labor on a Form 1099-NEC instead of Form 1099-MISC. This webinar will cover that change, along with other 1099 topics such as how to file, when to file, how to fix errors, and how to tell the difference between a contractor versus an employee. This webinar will help you stay in compliance and avoid penalties.
AREA COVERED
- New Form 1099-NEC
- Who must file 1099s (of any type)
- What transactions are reportable
- Who receives 1099s
- Deeper discussion of: medical payments, and legal payments
- Filing issues: how to file, when to file, penalties for late filing
- Contractor vs. employee: how to tell the difference and why it’s important
- Reimbursements to contractors
- Form 1099-K and its interaction with other types of 1099s
WHO WILL BENEFIT?
- Business Owners
- Bookkeepers
- Office Managers
- Accountants
The IRS has changed the way contract labor is reported. Starting with 2020, you will report contract labor on a Form 1099-NEC instead of Form 1099-MISC. This webinar will cover that change, along with other 1099 topics such as how to file, when to file, how to fix errors, and how to tell the difference between a contractor versus an employee. This webinar will help you stay in compliance and avoid penalties.
- New Form 1099-NEC
- Who must file 1099s (of any type)
- What transactions are reportable
- Who receives 1099s
- Deeper discussion of: medical payments, and legal payments
- Filing issues: how to file, when to file, penalties for late filing
- Contractor vs. employee: how to tell the difference and why it’s important
- Reimbursements to contractors
- Form 1099-K and its interaction with other types of 1099s
- Business Owners
- Bookkeepers
- Office Managers
- Accountants
Speaker Profile

Jason Dinesen is the President of Dinesen Tax & Accounting, P.C., a public accounting firm in Indianola, Iowa. His practice focuses on accounting and bookkeeping services, tax preparation and business advising to individuals with a business focus ranging from home-based businesses to multistate corporations and not-for-profits. Dinesen has extensive experience working with a third-party administrator of retirement plans and is a prior presenter of multiple 1099 seminars. Dinesen majored in corporate communications with a minor in management from Simpson College
Upcoming Webinars

FDA Regulation of Artificial Intelligence/ Machine Learning





FORM I-9 2022: ICE Announces New Extension Date and Require…

Establishing a Robust Supplier Management Program

With Mandatory Paid Leave Gaining Ground, Is It Time To Do …

Project Management for Non-Project Managers

Three Key Risk Assessments in Your ERM Program - ERM IT and…

Travel and Expense Policy Development and Automation


Utilizing HR Metrics to Illustrate & Improve Human Resource…


Implementing an Effective Human Error Reduction Program

How to prepare an effective audit manual for an internal au…

CMO Supplier Quality Agreements: How to Comply with new FDA…



Human Factors Usability Studies Following ISO 62366 and FDA…

Managing Toxic & Other Employees Who have Attitude Issues

The Importance of Packaging and Labeling in Pharmaceutical …

I-9 Audits: Strengthening Your Immigration Compliance Strat…


Stay Interviews: A Powerful Engagement and Retention Tool

Employee Handbooks in 2022! New NLRB Changes and the Impact…

Impact Assessments For Supplier Change Notices

Payroll Rules & Administration Made Simple: Proper Classifi…

Project Management for administrative professionals


CFPB's New Proposed Debt Collections Rules

The Top Ten Excel Functions Everyone Should Know

Building a World Class Accounts Payable Operation: P2P, AP
