Preparing your organization’s 1099s, W-9s, and Form 990s may appear simple at first glance, but it can be more complicated than it appears. Our experts will discuss best practices for issuing 1099s, staying complaint to avoid headaches during IRS audits, and spot-checking the Form 990 to catch red flags related to payroll compliance.
Learning objectives:
- Determine whether the organization has an employee or independent contractor.
- Understand compliance requirements for 1099s and W-9s.
- Discuss implications of failure to file 1099s and response for Notice CP2100.
- Provide best practices for ensuring the 1099 process runs smoothly.
- Discuss Form 990 red flags and triggers.
