The complex and ever-changing world of Form 1099 reporting continues to challenge tax professionals and businesses alike. With the IRS increasing scrutiny, penalties for incorrect or late filings are at an all-time high, making accurate and timely compliance essential. This in-depth webinar is designed to bring clarity to the latest changes in Form 1099 requirements, including updated filing deadlines, penalty increases, and the shared compliance responsibilities of both payers and tax preparers. Whether you're responsible for filing or overseeing compliance, this session will give you the up-to-date knowledge and strategies you need to stay ahead of costly mistakes and audit triggers.

Attendees will receive expert guidance on avoiding the most common 1099 reporting errors, correctly identifying reportable payments and payees, and using IRS e-Services to prevent TIN and name mismatch issues. In addition, this session offers actionable steps for building an internal best practices manual that helps mitigate compliance risks and reduce exposure to “B” Notices. From understanding the IRS’s definition of due diligence to clarifying payer and preparer responsibilities, this webinar is a must-attend for anyone looking to strengthen their 1099 processes before filing season hits.

Learning Objectives:

  • Understand the latest IRS updates, including new 2026 filing deadlines and penalty structures.
  • Learn how to determine when a 1099 is required and who should receive one.
  • Discover practical steps for building a Form 1099 best practices manual to stay compliant and avoid costly errors.
  • Gain clarity on the compliance responsibilities of both income tax preparers and payers.
  • Learn how to avoid common 1099 mistakes and use IRS e-Services to ensure TIN and name matching accuracy.

Session Highlights:

  • What’s New – Filing Dates
  • What’s New – Penalty Increases and Abatements
  • Compliance Responsibility of Income Tax Preparer
  • Compliance Responsibility of Payer
  • Definition of Due Diligence
  • Identifying Types of Payments Requiring 1099s
  • Identifying Types of Entities Who Should Receive a 1099
  • Most Common 1099 Mistakes
  • Using IRS e-Services to Avoid TIN and Name Matching Problems

Who Should Attend

  • Tax professionals, payroll managers, accounts payable teams, business owners, and financial officers responsible for IRS information reporting.

Credits and Other information :

  • IRS CPE Credits: 2.0 TAX
  • Location: Virtual/Online
  • Delivery method: Group Internet Based
  • IRS Course ID: DFFSC
  • Attendance Requirement: Yes
  • Session Duration: 2 Hours
  • Case Studies and Live Q&A session with speaker
  • PowerPoint presentation for reference

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 The transcript offers comprehensive written material from the webinar, ensuring you have detailed documentation of the content presented.

 On demand session is when we conduct the webinar as per your available dates after the live training. You will get access to the training for 24 hours.

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Each webinar wraps up with a Q&A session, giving you the opportunity to interact with industry experts and receive answers to all your queries.

5. We provide the following CE credits to the professionals on the approved courses.

  • IRS
  • HRCI
  • SHRM

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Your educational credits will be reported to the appropriate licensing and regulatory bodies within 5-7 business days

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9. How can I cancel my registration?

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