The 1099 forms are confusing … can you afford to only grasp the basics?Independent contractors save your business money, but increasing IRS scrutiny can put you at risk. Fail to meet all the 1099 filing requirements, and you may land in a hotbed of penalties. With a maze of 1099 forms, and confusing and ever-changing IRS reporting guidelines, mastering the 1099 can be a daunting task for any business. Attend this informative seminar and sharpen your 1099 savvy. Develop better, more accurate reporting skills - keep your business audit-ready and in compliance. Determine a worker's status without hesitation - every time - and stay current and in the clear. Benefits for You Survive 1099 reporting in lawsuits and settlements - learn what's taxable and what's not Pinpoint when to issue a W-2 or 1099 form Increase your filing savvy and avoid late filing and failure to file penalties Walk through the 1099 series of forms with ease - know which form you need to use Learning Objectives You will be able describe why 1099s are used by the IRS to track various forms of earnings. You will be able to discuss who, when and why you should file a 1099-MISC form. You will be able to explain independent contractor vs. employee. You will be able to review merchant card and third-party network payments reporting. Who Should Attend? This seminar is designed for accounts payable professionals, accountants, controllers, tax managers, tax preparers, enrolled agents, presidents, vice presidents, bookkeepers, CPAs and CFOs. Continuing Education Units CPP/FPC CAC 1.0 CFP 8.0 Enrolled Agents 8.0 CPE 8.0 including Taxes 8 RTRP 8.0 - Detailed Credit Information Frequently Asked Questions