The Big Beautiful Bill (BBB) is poised to dramatically reshape Form 1099 reporting—most notably, by eliminating the long-standing $600 reporting threshold. This change, coupled with increasing IRS scrutiny, will have wide-reaching implications for accountants, AP professionals, and business owners alike.
Join Jason Dinesen, EA—nationally recognized as “The 1099 Guy”—for a practical, no-fluff session that goes far beyond the basics of 1099 filing. Jason will guide you through the compliance essentials that matter most right now, including due diligence for Form W-9s, backup withholding under IRC § 3406, and step-by-step handling of CP-2100 letters and B Notices.
This session emphasizes real-world application—what to do when SSNs are missing, how to avoid costly mistakes, and how to prepare your compliance systems for the post-BBB landscape. By the end of this course, you’ll have the confidence and tools to protect your organization from penalties, respond effectively to IRS pushback, and implement bulletproof 1099 procedures that withstand audit scrutiny.
Learning Objectives:
- Evaluate when a payment is reportable on Form 1099 under current and proposed rules.
- Apply due diligence procedures for soliciting, reviewing, and maintaining Form W-9s.
- Determine when backup withholding is mandatory and how to calculate, deposit, and report it.
- Implement proper procedures for handling CP-2100 letters and differentiating first vs. second B Notices.
- Recognize common Form 1099 errors and apply best practices to prevent compliance failures.
- Develop reasonable cause defenses for late, missing, or inaccurate filings.
- Prepare for future reporting obligations under the BBB, including the elimination of the $600 threshold.
- Navigate electronic filing requirements under IRIS and FIRE systems.
Session Highlights:
- Evaluate when a payment is reportable on Form 1099 and who is responsible for issuing the form.
- The end of the $600 threshold: what it means for 1099 reporting
- Due diligence for Form W-9s: best practices for compliance
- Backup withholding rules under IRC § 3406 explained
- How to respond to CP-2100 letters and manage B Notices
- Filing requirements for corporations, Venmo, PayPal, and other payment apps
- Avoiding late filings, missing TINs, and other common pitfalls
- Electronic filing mandates and navigating IRS IRIS & FIRE platforms
- Future-proofing your 1099 processes under the Big Beautiful Bill
Credits and Other Information:
- Recommended CPE credit – 2.0
- Recommended field of study – Taxes
- Session Prerequisites and preparation: None
- Session learning level: Basic
- Location: Virtual/Online
- Delivery method: Group Internet Based
- NASBA Sponsor: 146439
- IRS Course ID: PJGWS
- Attendance Requirement: Yes
- Session Duration: 2 Hours
- Case Studies and Live Q&A session with speaker
- PowerPoint presentation for reference
Who Will Benefit:
- Certified Public Accountants (CPAs)
- Enrolled Agents (EAs)
- Tax Professionals
- Accountants
- Bookkeepers
- Office Managers
- Human Resources Professionals
- Compliance Professionals
- Accounting Personnel
- Other professionals involved in tax preparation or planning for small businesses
Coder Archives 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.
Speaker Profile:
Jason Dinesen (EA, LPA) is a tax nerd, entrepreneur, tax expert and a well known presenter of continuing education courses. He has an impeccable acumen for tax subjects, by virtue of which, he is known to create very well researched course materials helping individuals and businesses with accounting, bookkeeping, tax preparation, and business advisory in various industries.
Known for his sharp tax interpretations, he is one of the quickest to bring the analysis of the latest tax updates and IRS guidance to the professional community. Jason has coached over 200,000 accounting, tax, and HR professionals on various topics of accounting, individual taxation, corporate taxation, professional ethics, and much more.
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