1099- MISC Issues for 2011: What You Need to Know


LIVE Webcast


Summary:

2010-2011 proved to be a tumultuous year for taxpayers especially in the area of 1099 reporting requirements. Although the passing of the Comprehensive 1099 Taxpayer Protection and Replacement of Exchange Subsidy Overpayments Act of 2011 nullified some of the thorniest issues, companies, small businesses, and tax payers need to understand the new 1099 requirements left over to stay ahead of the penalty curve. The Knowledge Group is assembling a panel of distinguished professionals and key regulators to help businesses and tax payers understand the most recent developments in 1099 reporting requirements. The speakers will share their expert opinions in a two-hour LIVE Webcast. They will discuss:

• Fundamentals and Updates on FORM 1099-MISC
• Notable Case History Regarding Independent Contractors
• Employee vs. Independent Contractor Status
- Identifying the differences between employees and IC’s
- Aspects of control
- Potential penalties and remedies for misclassification
- Getting Ready for an Exam
• Modernized Twenty Factor Test: Common Law Rules as they appear on Form SS-8
• New IRS settlement initiative
• And answers to questions submitted by you!

Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Group, LLC
Recommended CLE/CPE Hours: 2.0
Advance Preparation: Print and review course materials
Course Code: 114114


Featured Speakers for 1099- MISC Issues for 2011: What You Need to Know LIVE Webcast:

Internal Revenue Service

Raelane Hoff
FSLG Specialist

Cherry, Bekaert & Holland, L.L.P.

William F. Becker, Jr., CPA, MBA
Tax Partner

Meyers, Roman, Friedberg & Lewis

Mario J. Fazio
Partner

Financial Horizons, Inc.

Marcia L. Miller, MBA, EA
President


Event Talking Points:

SEGMENT 1:

Raelane Hoff, FSLG Specialist,
Internal Revenue Service

What’s new –Recent changes in the law
Fundamentals—Requirements for 1099MISC filing
Common Errors—Ways to avoid mistakes

SEGMENT 2:

Mario J. Fazio, Partner,
Meyers, Roman, Friedberg & Lewis

Independent contractor vs. employee classification
Aspects of control
Penalties for misclassification and requirements for relief
New IRS settlement initative

SEGMENT 3:

William F. Becker, Jr., CPA, MBA, Tax Partner,
Cherry, Bekaert & Holland, L.L.P.

New reporting options for workers that believe they are misclassified
Requirements for workers filing Form 8919
IRC Section 530 Relief provisions for business preventing workers from being reclassified as employees
Overview of requirements
Understanding tests used for determination
Consistency Test
Reasonable Basis Test


SEGMENT 4:

Marcia L. Miller, MBA, EA, President,
Financial Horizons, Inc.

Modernized Twenty Factor Test: Common Law Rules as they appear on Form SS-8
Behavioral Control
Financial Control
Types of Relationships
Notable Case History Regarding Independent Contractors
Freelance Strippers Sue Employer
Microsoft "Freelancers"
Fedex Ground/Home Delivery
Nokia Hires from 3rd Party
Nascar Woes


 


Who Should Attend?

- CPAs
- Finance Officers
- Controllers
- Consultants
- Tax preparers
- Legislative Attorneys
- Tax Directors
- Accountants or Attorneys practicing on Tax Advice and Controversy
- General Counsel
- Tax Advisors
- Federal Tax Litigation Attorneys

Why Attend?

This is a must attend event for anyone interested in understanding the latest updates on 1099 reporting requirements.

- Detailed guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A

You can’t afford not to be in the know! Enroll in this course today by clicking the “Register” button below. Advanced registration is recommended as space is limited and discounts apply for early registrants.


Registration Information:

1099- MISC Issues for 2011: What You Need to Know
LIVE Webcast

Tuesday, October 25, 2011  
12:00pm - 2:00pm (ET)