Watch a Webinar: Form 1099 Reporting Compliance for Nonprofits
Organizations that have paid rent, royalties, dividends, interest, payments for health care, or non-employee compensation in the past year may be required to complete and file IRS Form 1099. But almost half of the 500 participants in a CliftonLarsonAllen webinar called “How to Comply With 1099 Reporting Requirements” said they do not think they have been in full compliance with 1099 filing requirements in the past.
“Determining who should receive the form and what to include in the filing can be complicated,” says Karen A. Gries, a principal working with nonprofits on tax compliance and consulting. “Most organizations say they have policies and procedures in place related to 1099 compliance, but they may not cover all the bases.”
Learn who, how, and when to file
- Who must file the 1099
- The specific 1098 or 1099 form to file
- How to gather vendor information
- Box-by-box instructions on what should be included
- Who must pay backup withholding
- Who must file electronically
- Penalties for noncompliance
The one-hour online presentation is hosted by Gries and Judy Enders, a consulting manager with CliftonLarsonAllen.