1099 Reporting: How to Save Time and Avoid Penalties
October 10, 2019 | 2 to 3 p.m. EST
Jill Dymtrow, Director, Information Reporting & Witholding, Moss Adams
Description: Avoid January headaches by preparing in advance. Make sure your data is clean and ready to go for reporting prior to filing season deadlines. Understand how the IRS is penalizing late and incorrect filings. This session will cover best practices for preparing 1099 filing information, as well as the basics for who must be reported and where to report different types of payments. The session will also provide insight into a major 1099-MISC update for 2020.
Learning Objectives: Understand 1099 reporting requirements and preparation tips.
Jill Dymtrow is a Director at Moss Adams where she has recently started an Information Reporting and Withholding practice.
Prior to joining Moss Adams, she was an Executive Director with CTI (now CTI Tax Solutions of IHS Markit), where she focused on client consulting, product development, and information reporting. Ms. Dymtrow joined CTI as a founding member in April 2007.
In 2001, Ms. Dymtrow began her information reporting and withholding work at Pricewaterhouse Coopers with Qualified Intermediaries in preparation for the first QI audit cycle. Shortly thereafter, Ms. Dymtrow began working with U.S. Withholding Agents on information reporting and withholding compliance matters similar to those affecting QIs. Large U.S. financial institutions and investment management firms as well as energy, pharmaceutical, entertainment and biotech companies consistently rely on her expertise. Her extensive experience guiding U.S. Withholding Agents and Qualified Intermediaries through the highly technical and complex compliance issues involving Section 1441, 3406, and FATCA remains unique in the industry today.
Ms. Dymtrow is a graduate of the University of Florida and a CPA licensed by the state of California.
Field of Study: Taxes
Program Level: Intermediate
Delivery Method: Group Internet-Based
Advanced Preparation: None
Successful completion of this program qualifies you to receive up to 1 CPE credits.