1099 and W-9 Reporting for 2017
Duration: 90 minutes
Speaker: David E Sanders, PhD
Webinar Description
It is critical that accountants, controllers and business owners correctly determine whether people providing services to their companies are employees or independent contractors. Compensation paid to independent contractors who are individuals or organizations must be reported correctly to the IRS. In this webinar, Dr. David Sanders, an accounting expert, will discuss all the important matters relating to 1099 reporting for the year 2016, including who must receive a 1099 and when 1099s must be filed with the IRS and state taxing agencies in 2017.
In order to complete your company’s Form 1099s, you must receive a Form W-9 from each payee. Dr. Sanders will discuss important changes related to the W-9 form which took effect during 2016.
Agenda
- Determine if your payee is an employee or independent contractor
- Review of Form 1099, box by box
- Discover 10 things you should know about the 1099 form before you file it
- Learn about the new filing date for 1099-MISC
- Learn about new 1099 Regulations and IRS Pub 1220
- Find out how the changes to FATCA and the certification of information affect the W-9 form
- Learn how to review W-9 forms from individuals, LLC’s, corporations, disregarded entities and DBA’s to insure they are accurate.
- Understand the seven critical lines on the W-9 form
- Recognize the reporting implications if your business makes payments to others that must be reported on Form 1099K
Logistics
- 90 minutes (Travel Free) delivered over the Internet.
Unlimited listeners per connection - bring the entire department.
Q&A session with the expert.
This event will be presented live with a PowerPoint presentation to be viewed on your computer. You may listen to the audio of the webinar by telephone or through your computer. The PowerPoint slides will be provided shortly before the event. Once you register, you will receive an email which is your receipt and which includes your instructions for dialing in and logging on. You will also receive an email reminder 24 hours before the webinar.
What is a webinar?
A webinar is a live Internet based seminar. Webinars are a way for participants in many different locations to see and hear a presentation and view PowerPoint slides. You can also have your colleagues attend the webinar using one connection.
What kind of equipment do I need?
You will need a computer with an Internet connection (high speed service such as DSL or cable works best) and a telephone. You may listen to the webinar through your computer speakers, in which case you will not need to use a telephone connection. Internet access is not required for phone-only participants, but you will not be able to see the speaker’s slides.
How can I share the webinar with my colleagues who may not be able to attend the event?
CDs of each program will be available for sale and can be shared with your business associates.
Can I get a copy of the PowerPoint slides used in the webinar?
The PowerPoint slides will be available on the materials page link in the confirmation email that will be sent to you no later than the morning of the day a webinar is presented.
How do I ask a question during the webinar? Will my question be answered during the presentation?
A question and answer session will be scheduled at the end of each webinar. You can then ask a question by typing it into the question box that will be provided to you duringthe webinar. You may also ask a question through the telephone connection. As many questions as possible will be answered during the Question and Answer period.