Author : | Steven D Mercatante, Tax Attorney, Author |
Course Length : | Pages: 31 ||| Review Questions: 9 ||| Final Exam Questions: 15 |
CPE Credits : | 3.0 |
IRS Credits : | 3 |
Price : | $26.95 |
Passing Score : | 70% |
Course Type: | NASBA QAS - Text - Technical - NASBA Registry - IRS Enrolled Agents |
Primary Subject-Field Of Study: | Taxes - Taxes for Course Id 1572 |
Description : | Form 1099 compliance is tougher than ever. Whether you are new or seeking an update this webcast will provide Accounts Payable, Payroll, and Tax with plain English guidance to help minimize 1099 mistakes, save time, and avoid penalties. In this course, industry expert and corporate tax attorney Steven D. Mercatante Esq. takes a look some of the more common problems experienced by 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. |
Usage Rank : | 0 |
Release : | 2020 |
Version : | 1.0 |
Prerequisites : | None. |
Experience Level : | Overview |
Additional Contents : | Complete, no additional material needed. |
Additional Links : |
What You Need to Know Before You Prepare Form 1099-MISC
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Advance Preparation : | None. |
Delivery Method : | QAS Self Study |
Intended Participants : | Anyone needing Continuing Professional Education (CPE). |
Revision Date : | 14-Sep-2020 |
NASBA Course Declaration : | Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam. |
Approved Audience : | NASBA QAS - Text - Technical - NASBA Registry - IRS Enrolled Agents - 1572 |
Keywords : | Taxes, Form, 1099, Due, Diligence, cpe, cpa, online course |
Learning Objectives : |
Course Learning Objectives
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Course Contents : | Chapter 1 - Form 1099 Due Diligence Introduction 1099 Due Diligence Starts with The W-9 Red Flags You Might Be Dealing With A Form 1042-S Reportable Non-Resident Alien Use The W-9 to Solicit Payee TINs for 1099 Reporting Form W-9 Solicitation Tips to Ensure You Capture Payee Data Your Payee Refuses to Provide Their TIN on the W-9 – What To Do Validating the W-9: Watch Out for Corporations and LLC’s Watch Out for Form 1099-MISC Exempt Payment Types Tips on Identifying Your 1099 Reportable Payee Evaluating Claims Your Payee is Exempt From 1099 Reporting The IRS TIN Match Program Three or More Parties Involved in the 1099 Reportable Transaction W-9 Record Retention Tips Form 1099 Corrections Processing Tips W-2 or 1099 Reportable Reimbursed Expenses Form 1099-R and 1099-K Due Diligence Form 1099-INT, 1099-B, 1099-DIV, 1099-C Due Diligence The New 1099-NEC and 1099-MISC Glossary |