IRS Form 1099 Reporting

$219.00

SKU: 410901

Description

Gain insights into mastering the intricate nuances of 1099 forms
Tax professionals thrive on their ability to navigate the intricate maze of tax documentation, ensuring that their clients remain compliant and optimize their financial positions. Understanding the nuances of the 1099 forms has never been more critical. The 1099 forms, which report various types of income received throughout the year other than salaries, are fundamental in the tax world. This presentation will help tax professionals not only bolster their knowledge but also ensure theyre equipped to offer comprehensive guidance to clients, particularly those with diverse income streams. This deepened expertise translates to enhanced credibility in the field, the potential for business growth, and the assurance of providing a service grounded in thoroughness and precision.

Date: 2024-01-17 Start Time: 1:00 PM ET End Time: 2:40 PM ET

Learning Objectives

* You will be able to define what an IRS information return is.

* You will be able to discuss the purpose and impact of 1099 reporting.

* You will be able to explain the 1099 IRS reporting requirements.

* You will be able to recognize the impact of IRS IT investments on taxpayers.

Information Returns
• What Is an Information Return?
• What Is the Purpose of an Information Return?
• The Information Reporting Explosion

1099 Forms
• History of 1099
• 1099 Variations
• 1099 NEC • and Other Recent Developments

1099 Income
• Sixteenth Amendment
• Tracking Taxpayer Income
• CP 2000

1099 • Visions of the Future
• Additional IRS Funding
• Information Technology Infrastructure
• Artificial Intelligence and Machine Learning

AIPB ,Enrolled Agents ,CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Steven A. Leahy-Law Office of Steven A. Leahy, PC