12/04/2020 - 12/04/2021, 9:00 am - 10:00 am

Webinar | Understanding New Form 1099-NEC (and changes to 1099-MISC)

Does your business pay freelance or nonemployee subcontractors – including vendors, independent contractors, and consultants? Starting in reporting year 2020, you will have to use a new Form 1099-NEC to report most nonemployee compensation. This changes how you also use Form 1099-MISC, which has been used by businesses for many years to report calendar-year payments exceeding $600 to individuals who performed business services.
On Friday, December 4th at 9:00 AM CST, Becky Munson, Director of YourBooks, will outline how to make sure you are using each form correctly and are in complete compliance.
  • Understand the change to form 1099-NEC for 2020
  • Understand what hasn’t changed with the filing process
  • Familiarize you with the new forms and what will be needed to file
  • Review filing resources for the 2020 reporting cycle
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