Form 1099 MISC Explained

Form 1099 MISC Explained

Conference Info

  • IndustryHuman Resources
  • Unique IDUSC2026367
  • Duration100 Minutes
  • DateAug 14,2026
  • Time10:00 AM PDT | 01:00 PM EDT

Description

Overview

Form 1099-MISC remains one of the most frequently used—and most commonly misfiled—information reporting forms required by businesses, estates, trusts, and nonprofits. With recent revisions to the form, the potential for error is even higher. This webinar provides a comprehensive breakdown of how to properly prepare Form 1099-MISC, helping you avoid costly IRS notices and penalties. Through best practices and due diligence in data collection, you'll gain the skills necessary to ensure accurate year-end reporting.

One of the most frequent mistakes is misidentifying payment types and entering them into the incorrect boxes on Form 1099-MISC. Another common issue is failing to distinguish between items that belong on the 1099-MISC versus the 1099-NEC or other Forms 1099. This session will equip you with detailed, block-by-block guidance, help you accurately validate payee names and TINs, and explain when and how to use each form correctly. By the end of the course, you will have the tools to confidently evaluate W-9s, complete Form 1099-MISC accurately, and get IRS assessed proposed penalty notices waived.

Topics Covered:

  1. Review W-9 for Accuracy & Completeness
  2. Match W-9 SSN, EIN, TIN to IRS Records
  3. Identify Reporting Responsibilities for Entities
  4. Block-by-Block Instructions for Form 1099-MISC
  5. Reporting Nuances: Rent, Legal Settlements, Medical Payments, and More
  6. Receive step-by-step tips for IRS Form 972-CG Proposed Penalty Notice and Reasonable Cause processing

Your Benefits For Attending:

  1. Learn how to identify and avoid the most common errors on Form 1099-MISC.
  2. Master the review process for W-9 forms to ensure IRS compliance.
  3. Understand which entities are required to send or receive Form 1099-MISC.
  4. Gain step-by-step instructions for completing each box on the form.
  5. Distinguish between what should be reported on Form 1099-MISC versus Form 1099-NEC or other forms.

This webinar is essential for professionals responsible for end-of-year tax reporting. You'll gain practical skills that help you minimize errors, reduce compliance risks, and ensure accurate filings.

Who Would Benefit From This Webinar:

  1. Accountants and Bookkeepers
  2. Tax Preparers
  3. Business Owners and Financial Managers
  4. HR and Payroll Professionals

Speaker(s)

  • Steven Mercatante

    Steven Mercatante


    Steven Mercatante, TIR Consulting LLC, is the principal and founder of TIR Consulting, LLC. He is a nationally recognized leader in tax reporting education and consulting on specialized compliance issues. He has conducted on-site consultation for corporate clients from across the world and led countless seminars and webinars for Convey Compliance Systems, IAPP, Balance Consulting, The Accounts Payable Network, Accounts Payable Now and Tomorrow, Progressive Business Conferences, The Center For Competitive Management, and more.

    He is also a published author, with numerous articles published on tax and financial law, and he has authored and published a series of tax guides on topics such as: W-9/1099 & W-8/1042-S compliance and reporting, payment cards, U.S. State & Local Reporting, worker compensation issues, international tax compliance, and more.
$199.00
$199.00
$199.00
$249.00
$549.00
$549.00

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