Tax information reporting season is rapidly approaching! If you haven’t already, it’s time to start preparing to have a successful season. Forms 1099-NEC and MISC are two of the most common forms reported on each & every tax year and many changes have accrued over the last year.

Along with the threshold & TCC changes that have arisen over the recent months, the IRS dropped a shocking development when announcing that Form 1099-NEC has been added to the Combined Federal State Filing Program (CF/SF). Businesses will benefit from attending this webinar & subscribing to our real-time state updates blog for Form 1099-NEC to stay ahead of the changes & understand how to adapt to the inevitable changes.

Join the experts from Sovos for a look at everything you need to know about Forms 1099-NEC & MISC, including an overview of each of these forms, TCC & Publication 1220 changes, and tips & best practices for a successful reporting season. Topics will include:

• 1099-MISC vs 1099-NEC
• History of these forms
• What are these forms used for?
• Publication 1220 Updates: A Trick or a Treat?
• Reporting Challenges & Best Practices/Tips for Season
• How Sovos can help?
• Live Q&A

This webinar will be of value to ANY business responsible for reporting on Form 1099-MISC and/or 1099-NEC.