Learn valuable insights and strategies from industry experts.
This interactive session will cover the changes to Form 1099 reporting. In particular, the reporting of contract labor is changing. Businesses will no longer report contract labor on Form 1099-MISC box 7; instead, those payments will be reported on the new Form 1099-NEC. We will discuss other contractor issues, including deciding who is a contractor and handling reimbursements to contractors.
Attendees will learn about the changes to Form 1099-MISC for 2021, including the new Form 1099-NEC. This represents the first major change in 1099 reporting in many years. The course will also include valuable refresher training on other 1099 and contractor topics.
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
