Author : | Steven D Mercatante, Tax Attorney, Author |
Course Length : | Pages: 46 ||| Review Questions: 14 ||| Final Exam Questions: 23 |
CPE Credits : | 4.5 |
IRS Credits : | 4 |
Price : | $40.45 |
Passing Score : | 70% |
Course Type: | NASBA QAS - Text - Technical - NASBA Registry - IRS Enrolled Agents |
Primary Subject-Field Of Study: | Taxes - Taxes for Course Id 1685 |
Description : | With constant revisions to Form 1099 and the related rule changes, 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 CPA’s, Accounts Payable, Payroll, and Tax 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 some of the more common problems experienced by CPA’s, 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 : |
Instructions for Form 1099-MISC (2019)
|
Advance Preparation : | None. |
Delivery Method : | QAS Self Study |
Intended Participants : | Anyone needing Continuing Professional Education (CPE). |
Revision Date : | 21-Aug-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 - 1685 |
Keywords : | Taxes, Form, 1099, Filing, Update, v10, cpe, cpa, online course |
Learning Objectives : |
Course Learning Objectives
|
Course Contents : | Chapter 1 - Form 1099 Filing Update Introduction The Form 1099-NEC vs. The 1099-MISC Getting the Form W-9 Right Use The W-9 to Solicit Payee TINs for 1099 Reporting W-9 Solicitation Tips to Ensure You Capture 1099 Payee Data Your Payee Refuses to Provide Their TIN on the W-9 – Here’s What You Do Corporations and LLC’s That May Be Form 1099 Reportable Payments Ostensibly Exempt From Form 1099 Filing Tips on Identifying Your 1099 Reportable Payee Evaluating Claims Your Payee is Exempt From 1099 Reporting Using the IRS TIN Match Program to Clean Up Your Files Prior to Reporting Three or More Parties Involved in the 1099 Reportable Transaction W-2 or 1099-NEC Reportable Reimbursed Expenses Get Your Year Right When it Comes to Form 1099 Reporting 1099 E-Filing Basics The Form 1099-MISC: An Overview Form 1099-MISC Box One Form 1099-MISC Box Two Form 1099-MISC Box Three Form 1099-MISC Box Four Form 1099-MISC Box Six Form 1099-MISC Box Seven Form 1099-MISC Box Nine Form 1099-MISC Box Fourteen Form 1099-R The Form 1099-INT, 1099-B, 1099-DIV, 1099-C Form 1099-K Filing Tips The CFS Glossary |