Duration
100 Minutes
Webinar ID
LTS2026362
Industry
Human Resources
Date
Sep 25,2026 - Dec 11,2026
Description
Overview
With constant revisions to Forms 1099 and related rule changes, it is crucial to remain up-to-date with the current information reporting laws to avoid those dreaded penalties and interest, not to mention the time consumed to make corrections. Whether you are new or seeking an update, this course will provide CPAs, Accounts Payable, Payroll, and Tax professionals with plain English guidance to help minimize 1099 filing mistakes while breaking down the tough 1099 payee and payment reporting situations, such as those involving middlemen, agents, liens, and garnishments.
In this course, industry expert and corporate tax attorney Steven D. Mercatante Esq. explores some of the more common problems experienced by CPAs, accounts payable, and tax departments related to documenting, validating, and reporting payee information on IRS Forms 1099. He identifies key issues and best practices for addressing them.
Your Benefits For Attending:
- Determine which 1099 to use and watch out for key trouble spots on the most commonly filed Forms 1099.
- Identify W-9 document validation best practices, with a focus on situations when multiple names are provided, handling undocumented payees, exempt payees, and best practices for handling reporting when multiple parties are involved in the transaction.
- Target categories of payees and payments that can lead to 1099 reporting when the reporting does not necessarily follow the check.
- Receive tips on recent 1099 changes.
- Learn about tricky situations involving the identification of the beneficial owner of the income for 1099 reporting purposes.
- Get help determining when a garnishment or lien payment made to a court or an attorney is reportable and to whom.
This class is right for you if:
- You sometimes face difficult payment situations involving multiple parties and struggle to identify to whom you should report the payment.
- Your 1099 validation and reporting procedures are not set up properly to help in identifying the beneficial owner of the income and to whom you should report.
- You are a CPA or work in Accounts Payable and need to understand these complicated topics.
Speaker
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Steven Mercatante
Steven Mercatante, TIR Consulting LLC, is the principal and founder of TIR Consulting, LLC. He is a nationally recognized leader in tax reporting education and consulting on specialized compliance issues. He has conducted on-site consultation for corporate clients from across the world and led countless seminars and webinars for Convey Compliance Systems, IAPP, Balance Consulting, The Accounts Payable Network, Accounts Payable Now and Tomorrow, Progressive Business Conferences, The Center For Competitive Management, and more.He is also a published author, with numerous articles published on tax and financial law, and he has authored and published a series of tax guides on topics such as: W-9/1099 & W-8/1042-S compliance and reporting, payment cards, U.S. State & Local Reporting, worker compensation issues, international tax compliance, and more.