Get ready for 1099 Reporting season!
The 2022 Tax Year
Each year, the reporting season feels longer and more complex, with annual changes in reporting process, procedures and IRS forms.
Save time, effort and possible fines by attending our annual 'Ultimate 1099 Reporting and Compliance Workshop'.
During this live, interactive workshop, you'll be guided through the entire 1099 reporting process and have the opportunity to ask questions which relate specifically to your business.
Who should attend
Accounts Payable Teams responsible for distributing forms and the tax filing for reportable income on the IRS 1099-MISC and 1099-NEC forms.
What the workshop covers
The latest IRS changes to 1099 reporting requirements which affect due diligence and other processes within the Accounts Payable function.
Full guidance on how to determine what vendors are reportable and on what form through to printing and distributing forms and the IRS tax filing by each deadline.
How to prepare for reporting on payments made in Tax Year 2022, from the Accounts Payable Practitioner perspective.
What you will learn
A step-by-step process for IRS reporting that incorporates vendor processes, vendor master file maintenance and Accounting System/ERP tips to prepare throughout the year.
Vendor Validations that will help you file accurate data with the IRS and reduce the number of 1099 forms that are returned unmailable.
Determine reportable payees (vendors), which payments need to be reported on the 1099-MISC vs the 1099-NEC and in which boxes.
How to efficiently collect complete payee and payment data from other departments that make reportable payments where only the reporting is handled by Accounts Payable.
IRS due dates, late filing and penalties and strategies to reduce extra costs.
What does registration include?
Entry to the live 90 minutes workshop.
Access to the recording of the workshop.
A handout of the session slides and reference pack.
BONUS ACCESS: To IFOL's 1099 Compliance Annual Update Course for 12 months, found in the IFOL Virtual Academy.
Location: via Zoom
Date: Thursday 10th November
Starting at 1:00pm Eastern Time / 10:00am Pacific Time
Duration: 90 Minutes
Date: Thursday 10th November. Starting at 1:00pm Eastern Time / 10:00am Pacific Time
Duration: 90 Minutes
Non-Members Register for $199!
Date: Thursday 10th November. Starting at 1:00pm Eastern Time / 10:00am Pacific Time
Duration: 90 Minutes
Members and Students Register FREE!
Already a member? Login to the IFOL Virtual Academy and navigate to 'Live Masterclasses' on your student dashboard. In this section, you'll find all of our upcoming live courses and masterclasses and registration for each. For help and support, email [email protected].
Exclusive bonus
When you enrol in the 1099 Live Update Course, you will also gain 12 months access to the on-demand 1099 Compliance update course on the IFOL Virtual Academy. Learn more about the 1099 Compliance Update course here
About your Trainer
Debra R Richardson, MBA, APM, APPM CPRS
Key Skills: Fraud Mitigation, Supplier Masterfile and Portals, 1099 Reporting, P2P Tools and Software, Supplier Management
Debra is an accounts payable speaker, consultant, and trainer with over 20 years of experience in AP, AR, general ledger, and financial reporting for Fortune 500 companies including Verizon, General Motors and Aramark
For ten years, Debra has focused on Global Vendor Maintenance, and implemented a vendor self- registration portal for 140k+ global vendors across five ERPs. In her consultancy, she focuses on authentication techniques, internal controls and best practices to prevent fraud in the vendor master file.
Debra now focuses on helping IFOL members and students improve their knowledge of the Accounts Payable process and protect the vendor master file from fraud.
Frequently Asked Questions
Q: What if I miss the live session?
A: No need to worry, if you miss the live session for any reason, you will receive a copy of the recording so you can watch at a time to suit you.
Q: Who is the course for?
A: Anybody who need to understand 1099 reporting and how forms and reporting has changed since last year and avoid costly fines for incorrectly completed forms.
Q: How long is the course?
A: The live virtual session is 90 minutes.
Q: How do I join the session
A: After you have used the checkout form above to reserve your space, you will be redirected to the registration page for the session. Simply fill in your details and you'll receive an email with the join link.
If you have any other questions, please contact us at [email protected]
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