Report

IRS Form 1099 Reporting: Reporting Requirements

 
Why file a Form 1099? It’s the law – and the IRS is increasing enforcement in this
area.

Who must issue a 1099? Generally, any business – regardless of its structure (sole proprietor, corporation, etc.) – that makes "reportable transactions" during the year must issue a 1099 to the recipient of income and to the IRS.

What constitutes a reportable transaction depends on the nature of the transaction.

Agenda

The Whys and Whats of Filing
When to File and How to File

Faculty

Jason T. Dinesen

Jason T. Dinesen

Dinesen Tax & Accounting, P.C.

  • Owner of Dinesen Tax & Accounting, P.C. in Indianola, Iowa (just south of Des Moines)
  • Practice has over 200 clients in situations ranging from basic individual returns to corporations and nonprofits
  • Conducts regular seminars throughout the year on various Form 1099 topics, including 1099-R, 1099-MISC and 1099-K
  • Licensed public accountant in Iowa; enrolled agent with the Treasury Department
  • Can be contacted at 515-778-8189 or [email protected]

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