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Live Webinar

100-minute live streaming program
  • December 1 or December 12
  • 1:00 - 2:40 pm EST

Also available as:

OnDemand Webinar
Audio & Reference Manual
MP3 Download

IRS Form 1099-MISC Reporting Requirements and Updates

December 1 or December 12

Don't expose yourself to compliance violations. Find out everything you need to know about Form 1099-MISC.

Many accounts payable and accounting departments struggle with correctly completing Form 1099-MISC. They often do not know how to issue a 1099-MISC to disregarded entities or how to report special payments such as legal settlements or payments made after the death of an employee. Payable departments often miss deadlines when responding to IRS B-Notices which can result in penalties.

This topic helps the persons responsible for issuing the 1099-MISC forms to collect the pertinent information to complete a correct Form 1099-MISC including payee information, information about proper boxes to report payments and how to handle follow-up questions from the IRS via B-Notice letters. New issues for 2017 reporting, how to report to disregarded entities, how to report medical payments, legal settlements and the proper reporting for payments made after the death of an employee will be explained. Failing to properly complete and file Forms 1099-MISC is a common issue which exists for all payers, both for-profit and not-for-profit entities. The result of issuing incorrect 1099-MISC forms is often penalties imposed on the payer. This topic will help payers avoid penalties as well as limit the number of corrected Forms 1099-MISC they will have to prepare.

Learning Objectives

- You will be able to define the purpose of Form 1099-MISC.

- You will be able to explain backup withholding and the B notice process.

- You will be able to identify the correct 1099-MISC reporting for various types of payments.

- You will be able to recognize how to report payments made to disregarded entities.

Training Options

Busy professionals often struggle to keep up with their training, even with matters as important IRS Form 1099-MISC reporting. As with all tax-related topics, issues around Form 1099-MISC reporting are constantly changing, which means a lapse in training can potentially have serious consequences for your business. Lorman Education Services has designed its OnDemand training to work around your schedule. Our IRS Form 1099-MISC program is available in three formats to make it easy for you to stay current on your reporting obligations:

  • As an OnDemand training program: Stream the audio and video components of our IRS Form 1099-MISC training program from any computer or mobile device. Streaming is the best way to get the full immersive experience of the original live presentation, and is also the most convenient. For most devices, no special hardware or software is required. Streaming our program may also qualify you for continuing education credits with your state accountancy board — see below for details.
  • As an audio and reference manual: Alternately, we can arrange to have course content delivered to you on a USB flash drive for use with any compatible device. Files are delivered in PDF and MP3 formats. An additional shipping fee applies.
  • As a downloadable MP3: Start training at any time by downloading the MP3 of our IRS Form 1099-MISC training program. Load up your cell phone or media player and learn on the go.

Whichever way you prefer to complete our programming, you can count on Lorman Education Services’ tax training seminars to deliver the insights you need to manage risk, without taking time away from your busy schedule.

Our Faculty

At Lorman Education Services, we believe online training is only as useful as the instructors delivering it. That’s why we are highly selective in choosing the team we work with. All our programs and other content are developed by recognized experts in their field, many of whom have experience working with top national firms. Your instructor for our IRS Form 1099-MISC training program is Mary H. Angelbeck, an enrolled agent with the IRS and retired member of Ernst & Young’s National Employment Tax/Information Reporting Group. For more information, visit the Faculty tab on this page.

Prerequisites and Continuing Education

“IRS Form 1099-MISC Reporting Requirements and Updates” is available to anyone regardless of their training and professional background. There are no prerequisite courses or other prior requirements. This program will be most useful to any accountant working at or for a business or nonprofit that employs independent contractors. It also provides useful background to anyone with income that falls under the purview of Form 1099-MISC. This includes not just independent contractors but also those who have earned rental income, royalties or Indian gaming profits in the previous tax year.

For many professionals, completion of this program can be put towards their ongoing continuing education requirements. Enrolled agents who complete the course OnDemand qualify for 2.0 credits under Treasury Department Circular #230 Section 10.6(g). The webinar is also eligible for credits with most state accountancy boards. Visit the Credits tab for details or contact a member of our customer response team directly.

Why Is IRS Form 1099-MISC Training Important?

Ongoing training is an important part of due diligence as an accountant at a business or nonprofit. Completion of “IRS Form 1099-MISC Reporting Requirements and Updates” is a quick and convenient way of ensuring your organization is compliant with the most recent changes to regulations around 1099-MISC reporting. As a result, it is an excellent way of managing risk, avoiding penalties and simplifying the reporting process.

Independent accountants who work with businesses that hire contract employees can use this course to serve their clients better. By positioning yourself as an expert in IRS Form 1099-MISC reporting, and backing it up through ongoing training, you can potentially capitalize on the growing need for accountants versed in this issue.

As more businesses hire employees on a contract or freelance basis, this skill set will be increasingly valuable for the accounting and legal professionals who aid them in taxation issues.

Other Useful Training

“IRS Form 1099-MISC Reporting Requirements and Updates” is just one of many OnDemand webinars that address current issues in business tax reporting. As a leader in professional development, Lorman Education Services has one of the largest catalogues of courses online. Other useful programming that addresses 1099 issues from a national perspective include:

  • IRS Form 1099 Reporting: Including Independent Contractor and Litigation Issues
  • 1099s From the Inside Out: Strategies to Make Filing Quick and Painless
  • Merchant Reporting and Form 1099-K

Individual states also have their own reporting requirements for businesses that employ independent contractors. Performing your due diligence requires completing state-level IRS Form 1099 training, as well. To help, our OnDemand programming archive covers topics such as “IRS Form 1099 Reporting: What You Need to Know in California,” “IRS Form 1099 and 1098 Reporting: What You Need to Know in New Mexico” and others that deal specifically with state-level tax issues.

Why Lorman Education Services?

An extensive catalogue of training around IRS Form 1099-MISC reporting and other issues is only one of the reasons why we’ve been the professional’s choice in continuing education since 1987. We offer flexible learning options that work around your schedule without compromising the quality of training. For busy accountants, that’s an important consideration, and one that makes the investment in our courses worth it over the long-term.

With Lorman Education Services, you get world-class training programs delivered directly to you. Best of all, our courses are value-priced, with the option of registering individually or purchasing an All-Access Pass for a full year of unlimited training. Pass holders receive a number of exclusive benefits, including our state-specific credit tracker for managing your ongoing continuing education requirements.

Start Training Today

This exclusive OnDemand training program gives you the latest IRS Form 1099-MISC updates in an accessible, incisive format anyone can benefit from. Learn your obligations as an employer and identify opportunities for streamlining the reporting process. Purchase it in the format of your choice and start training today.

Purchase Options

More Program Information

Why Lorman?

Over 30 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

What's New
  • Di Minimis Rules for Corrections
  • New Due Dates
Form W-9
  • What Is a TIN?
  • Who Completes a W-9?
  • What to Do With Disregarded Entities
1099-MISC Rules
  • What Is the Difference Between Box 3 and Box 7?
  • Where Do You Report Legal Settlements and Medical Payments?
  • When Are 1099-MISC Forms Due to Recipients and the IRS?
Other 1099-MISC Considerations
  • Back-up Withholding and B Notices
  • Penalties
Purchase Options

More Program Information

Why Lorman?

Over 30 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This course was last revised on November 13, 2017.

Call 1-866-352-9540 for further credit information.

  • Enrolled Agents 2.0
     
  • This program qualifies for 2.0 hours of Continuing Education Credit for enrolled agents under Treasury Department Circular #230 Section 10.6(g).
     
  • AL CPE
     
  • This course is acceptable for 2.0 live credit hour(s) through the Alabama State Board of Public Accountancy.
     
  • GA CPE
     
  • This program is applicable for CPE credit. *The Georgia State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • IA CPE
     
  • This program is applicable for CPE credit. *The Iowa State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • IN CPE
     
  • This program is applicable for self study CPE credit. *The Indiana State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • KY CPE
     
  • This Ondemand program is applicable for CPE credit. *The Kentucky State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • MA CPE
     
  • This Ondemand program is applicable for CPE credit. *The Massachusetts State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • MD CPE
     
  • This course is not pre-approved for CPE credit in your state however, it is applicable. *Please check the rules and requirements in your state for compliance.
     
  • ME CPE
     
  • This Ondemand program is applicable for CPE credit. *The Maine State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • MI CPE
     
  • This Ondemand program is applicable for CPE credit. *The Michigan State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • MO CPE
     
  • This Ondemand program is applicable for CPE credit. *The Missouri State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • MT CPE
     
  • This Ondemand program is applicable for CPE credit.* *The Montana State Board of Accountancy has final authority on the acceptance of individual courses and providers. Please check the rules and requirements for CPE compliance and calculate the amount of credit hours you can claim for self study courses.
     
  • ND CPE
     
  • This Ondemand program is applicable for CPE credit. *The North Dakota State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • NH CPE
     
  • This Ondemand program is applicable for CPE credit. *The New Hampshire State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • NV CPE
     
  • This Ondemand program is applicable for CPE credit.*The Nevada State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • OH CPE
     
  • This Ondemand program is applicable for CPE credit. *The Ohio State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • PA CPE
     
  • This Ondemand program is applicable for CPE credit. *The Pennsylvania State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • TX CPE 2.0
     
  • Lorman Business Center, Inc. has registered with the Texas State Board of Public Accountancy as a CPE Sponsor. This registration does not constitute an endorsement by the Board as to the quality of our CPE Program. This program qualifies for 2.0 hours of continuing professional education.
     
  • VA CPE
     
  • This Ondemand program is applicable for CPE credit. *The Virginia State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     
  • WA CPE
     
  • This Ondemand program is applicable for CPE credit.* *Please check the rules and requirements in your state for compliance.
     
  • WY CPE
     
  • This Ondemand program is applicable for CPE credit. *The Wyoming State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     

This program format does NOT qualify, nor meet the National Standard for NASBA accreditation.

Live Webinar - December 1, 2017

  • AIPB 2.0
     
  • This program is acceptable for 2.0 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
     
  • Enrolled Agents 2.0
     
  • This program qualifies for 2.0 hours of Continuing Education Credit for enrolled agents under Treasury Department Circular #230 Section 10.6(g).
     
  • CPE 2.0 including Taxes 2
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: https://www.nasbaregistry.org/cpas/complaints. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 2.0 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Taxes for 2.0 hours. Prerequisite: . Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
     
  • Lorman Business Center, Inc. is a registered provider for CPA CPE through the State Education Department of New York, Sponsor number: 000640. The following course will carry the subject area of Taxation for 2.0 hours.
     
  • Lorman Business Center, Inc. has registered with the Texas State Board of Public Accountancy as a CPE Sponsor. This registration does not constitute an endorsement by the Board as to the quality of our CPE Program. This program qualifies for 2.0 hours of continuing professional education.
     

Live Webinar - December 12, 2017

  • AIPB 2.0
     
  • This program is acceptable for 2.0 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
     
  • Enrolled Agents 2.0
     
  • This program qualifies for 2.0 hours of Continuing Education Credit for enrolled agents under Treasury Department Circular #230 Section 10.6(g).
     
  • CPE 2.0 including Taxes 2
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: https://www.nasbaregistry.org/cpas/complaints. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 2.0 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Taxes for 2.0 hours. Prerequisite: . Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
     
  • Lorman Business Center, Inc. is a registered provider for CPA CPE through the State Education Department of New York, Sponsor number: 000640. The following course will carry the subject area of Taxation for 2.0 hours.
     
  • Lorman Business Center, Inc. has registered with the Texas State Board of Public Accountancy as a CPE Sponsor. This registration does not constitute an endorsement by the Board as to the quality of our CPE Program. This program qualifies for 2.0 hours of continuing professional education.
     

Audio & Reference Manual

This program format does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

This program format does NOT qualify, nor meet the National Standard for NASBA accreditation.

Who should attend?

This live webinar is designed for accountants, CFOs, controllers, accounts payable professionals, tax managers, tax preparers, presidents, vice presidents, bookkeepers and enrolled agents.

Purchase Options

More Program Information

Why Lorman?

Over 30 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Mary H. Angelbeck

Mary H. Angelbeck

  • Retired member of Ernst & Young’s National Employment Tax/Information Reporting Group
  • Enrolled agent with the IRS
  • More than 30 years of experience in the field of taxation, both as a state administrator and as a consultant
  • Practice included managing large payroll restructuring projects; payroll tax advisory services related to mergers and acquisitions; providing year-end federal, multistate, and local payroll tax advisory services; payroll related federal, state and local tax controversy; and federal as well as state and local information reporting (1099 and 1042-S) issues
  • Speaker for local chapters of the American Payroll Association, the New York University Annual Institute on State and Local Taxation, the Federation of Tax Administrators, the Tax Executives Institute, the Counsel on State Taxation, The American Bar Association, the Pennsylvania Institute of CPAs and Lorman Education Services
  • Can be contacted at [email protected]
Purchase Options

More Program Information

Why Lorman?

Over 30 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 400610
Published 2017
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