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: 10/20/2023 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.