Form 1099 MISC Explained

Live Webinar or Recording

August 5, 2025, 2:00 pm - 3:40 pm Eastern

Credit: CPE: 2, IRS: 2, ATATX: 1.5 (Live Only)

Form 1099-MISC remains one of the most frequently used—and most commonly misfiled—information reporting forms required by businesses, estates, trusts, and nonprofits. With recent revisions to the form, the potential for error is even higher. This webinar provides a comprehensive breakdown of how to properly prepare Form 1099-MISC, helping you avoid costly IRS notices and penalties. Through best practices and due diligence in data collection, you'll gain the skills necessary to ensure accurate year-end reporting.

One of the most frequent mistakes is misidentifying payment types and entering them into the incorrect boxes on Form 1099-MISC. Another common issue is failing to distinguish between items that belong on the 1099-MISC versus the 1099-NEC or other Forms 1099. This session will equip you with detailed, block-by-block guidance, help you accurately validate payee names and TINs, and explain when and how to use each form correctly. By the end of the course, you will have the tools to confidently evaluate W-9s and complete Form 1099-MISC accurately.

Topics Covered:

• Review W-9 for Accuracy & Completeness
• Match W-9 SSN, EIN, TIN to IRS Records
• Identify Reporting Responsibilities for Entities
• Block-by-Block Instructions for Form 1099-MISC
• Reporting Nuances: Rent, Legal Settlements, Medical Payments, and More

Your Benefits For Attending:

• Learn how to identify and avoid the most common errors on Form 1099-MISC.
• Master the review process for W-9 forms to ensure IRS compliance.
• Understand which entities are required to send or receive Form 1099-MISC.
• Gain step-by-step instructions for completing each box on the form.
• Distinguish between what should be reported on Form 1099-MISC versus Form 1099-NEC or other forms.

This webinar is essential for professionals responsible for end-of-year tax reporting. You'll gain practical skills that help you minimize errors, reduce compliance risks, and ensure accurate filings.

Who Would Benefit From This Webinar:

• Accountants and Bookkeepers
• Tax Preparers
• Business Owners and Financial Managers
• HR and Payroll Professionals

Level: Intermediate Format: Live webcast Instructional Method: Group: Internet-based NASBA Field of Study: Taxes (2 hours) Program Prerequisites: None Advance Preparation: None

Guest Speaker: Steven Mercatante - TIR Consulting LLC

Level: Basic

Format: Live Webcast

Field of Study: Taxes

Program Prerequisites: None

Advanced Preparation: None

Aurora Training Advantage is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

For more information regarding administrative policies such as complaint and refund, and cancellation please contact our offices at 407-542-4317 or training@auroratrainingadvantage.com.

Aurora Training Advantage is offering continuing education points designed to recognize dedication to training and excellence in accounting.