This webinar will covers the latest updates businesses need to be aware of with the 1099-NEC and 1099-MISC. This includes changes in the American Rescue Plan relating to Form 1099-K, which in turn affects the 1099-NEC and 1099-MISC. We will also cover topics such as: how (or if) you report payments made to contractors through Venmo. We also cover the basics, at the beginning, such as what is a 1099, who gets a 1099, what are “medical payments” and what are “legal payments”?
WHY SHOULD YOU ATTEND?
Form 1099 reporting has always been tricky, and changes in 2020 and 2021 continue to increase the reporting burden. Tucked away in the American Rescue Plan was a change to reporting on a form called a 1099-K, which has an interaction with contract labor reported on the 1099-NEC. More and more contractors are taking payment via apps such as Venmo - how are those payments reported? Or are they reported at all? These are among the things you’ll learn in this fast-paced, 1-hour webinar.
AREA COVERED
- A look at the 2021 version of the 1099-NEC and 1099-MISC
- What is a 1099?
- Who gets a 1099?
- When do corporations get 1099s? A review of medical payments and legal payments
- How to file 1099s
- Form 1099-K: updates and interactions with the 1099-NEC
- Form W-9 updates and discussion
- Dealing with reimbursements to contractors
- Who exactly is a contractor?
WHO WILL BENEFIT?
- Accountants
- Tax preparers
- Human resources professionals
- Payroll professionals
Form 1099 reporting has always been tricky, and changes in 2020 and 2021 continue to increase the reporting burden. Tucked away in the American Rescue Plan was a change to reporting on a form called a 1099-K, which has an interaction with contract labor reported on the 1099-NEC. More and more contractors are taking payment via apps such as Venmo - how are those payments reported? Or are they reported at all? These are among the things you’ll learn in this fast-paced, 1-hour webinar.
- A look at the 2021 version of the 1099-NEC and 1099-MISC
- What is a 1099?
- Who gets a 1099?
- When do corporations get 1099s? A review of medical payments and legal payments
- How to file 1099s
- Form 1099-K: updates and interactions with the 1099-NEC
- Form W-9 updates and discussion
- Dealing with reimbursements to contractors
- Who exactly is a contractor?
- Accountants
- Tax preparers
- Human resources professionals
- Payroll professionals
Speaker Profile

Jason Dinesen is the President of Dinesen Tax & Accounting, P.C., a public accounting firm in Indianola, Iowa. His practice focuses on accounting and bookkeeping services, tax preparation and business advising to individuals with a business focus ranging from home-based businesses to multistate corporations and not-for-profits. Dinesen has extensive experience working with a third-party administrator of retirement plans and is a prior presenter of multiple 1099 seminars. Dinesen majored in corporate communications with a minor in management from Simpson College
Upcoming Webinars

Strategies For Job Seekers: Best Practices For A Strategic …

Dealing With Difficult People: At Work & In Life

I-9 Audits: Strengthening Your Immigration Compliance Strat…

Maximizing Productivity with ChatGPT: AI Solutions for HR, …


The Perfect Storm Coming to Healthcare: Value Based Care Me…

Excel - Reporting Simplified - Learn Pivot Tables from Scra…


Turning Workplace Conflict into Positive Connection

Retention Starts Here: Stop Losing Your Critical Talent and…

Project Management for Non-Project Managers - How to commun…

The Business Case for LGBTQIA+ Inclusion in the Workplace: …


AI and Human Resources: The Great Opportunity!

Conquer Toxic People - Learn To Protect Yourself And Get Yo…


AI-Powered Change Leadership Operationalizing AI: Practical…

Cyber Security Incident Response Team Training Program

Excel Power Skills: Master Functions, Formulas, and Macros …

Transforming Anger And Conflict Into Collaborative Problem …



The Courage to Speak: Overcoming Fear and Owning the Room

6-Hour Virtual Seminar on Learning the Highlights of Excel …

Finance & Accounting 101 Simplified


6-Hour Virtual Boot Camp on Microsoft Power BI

Developing an Agile Workforce with Emotional Intelligence (…

Compliance Under Fire: Navigating I9 Immigration Raids & …

FDA Regulation of Artificial Intelligence/ Machine Learning

Empowering Conflict Resolution: Letting Go to Gain Control

Human Error Reduction Techniques for Floor Supervisors

How to Give Corrective Feedback: The C.A.R.E. Model - Elimi…


Secrets Of Psychology - Why People Do The Things They Do

How To Conduct An Internal Harassment And Bullying Investig…

Leadership: Strategic Planning and Decision Making

Marketing to Medicare or Medicaid Beneficiaries - What You …

Polish your Presence on Linkedin - The Powerful Profile

Utilizing A Proven Process When Conducting Sensitive, Inter…

Bootcamp for New Managers and Supervisors: Develop These Es…

Leveraging Artificial Intelligence in HR