IRS Form 1099 Reporting: Compliance Requirements - SHRM & HRCI Accredited

On-Demand Schedule Wed, January 27, 2021 - Wed, February 03, 2021
Duration 60 Mins
Level Basic & Intermediate
Webinar ID IQW19K1131

  • Introduction about 1099s/basic overview
  • Who files a 1099-MISC
  • Who receives a 1099-MISC
  • When do corporations get a 1099-MISC
  • Medical services and Form 1099-MISC
  • Employee vs. contractor: why is this important and how do you tell the difference?
  • Dealing with reimbursements to contractors
  • Form W-9 and why it is important, and how it relates to the 1099-MISC
  • Backup withholding
  • IRS notices
  • Due dates, how to file with the IRS, and penalties for late filing
  • Form 1099-K and its interaction with the 1099-MISC
  • Rental property and Form 1099-MISC
  • Using Form 1099-C (cancellation of debt) as a collection method

Overview of the webinar

Form 1099-MISC compliance is a surprisingly complicated compliance requirement for businesses and accountants. The requirements are always changing, and answers are seldom clear-cut. This course will de-mystify some of the tricky areas relating to Form 1099-MISC, such as when a 1099 should be issued and whether a worker is a contractor or an employee. The main focus of this presentation is on “box 7” (independent contractor pay) but we cover other 1099-MISC topics as well.

Who should attend?

  • HR Professionals
  • Office managers
  • CFOs and controllers
  • Tax preparers
  • Accountants
  • Accounts payable and accounting managers
  • Accounts payable processing professionals
  • Employers and Business owners
  • Public accountants, CPAs and Enrolled Agents
  • Purchasing managers and professionals

Why should you attend?

  • Learn how and when a 1099-MISC should be filed
  • Learn who receives a 1099-MISC
  • What is the difference between an independent contractor and an employee, and why is it important to classify workers properly?
  • Learn about due dates and penalties for late filing
  • Learn how to file with the IRS and when e-filing is required
  • Learn about the interaction between Form 1099-K and Form 1099-MISC
  • Do rental properties/landlords issue 1099s?

Faculty - Mr.Jason Dinesen

Jason Dinesen is the President of Dinesen Tax & Accounting, P.C., a public accounting firm in Indianola, Iowa. His practice focuses on tax and accounting services for small businesses and individuals. 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. He started his practice in 2009.


ComplianceIQ is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for [1] PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit

HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recertification application form. For more information about certification or recertification, please visit the HR Certification Institute website at

For group or any booking support, contact: