1099 Reporting Concepts – 10/4/2023 – Virtual

In this workshop, you’ll learn best practices to ensure you are properly setting up vendor accounts and payments to comply with Internal Revenue Service and California reporting requirements. You also will be updated on reporting requirements and pending legislation related to financial risks for increased penalties, as well as ways that districts can use procedures to comply with regulations and reduce or eliminate any accessed penalties.

Designed for: New and seasoned accounting and purchasing personnel who work with vendor Forms W-9 and 1099.

Topic(s): Current reporting updates; identifying taxpayer numbers for Form W-9; communicating with vendors; reporting certain types of vendor payments; filing and correcting Form 1099-Misc.; California reporting requirements; required vendor forms; special requirements and forms for hiring foreign vendors; proper handling of backup withholding issues.

Discipline(s): Accounting / Financial Services / Purchasing

CEUs: 5

Presenter: Sondra Dougherty 

Early-bird registration closes: 9/4/2023
Cancellation Deadline: 9/20/2023

Registration closes: 9/27/2023  

A link to the course will be emailed to you 4 business days before the event.