Reporting vendors on Forms 1099 and 1042-S comes with unique challenges each season. Due to constant business interruptions of 2020, this season may be one of the most challenging yet.
Join us for an on-demand webcast exploring key strategies for efficiently fulfilling your filing obligations before year-end. We’ll address Forms 1099 and 1042-S requirements as well as the following points:
- Preparing in advance to make sure you have the information and certifications you need
- Common errors and challenges you may face during year-end filing
- Methods for avoiding increased penalties, which can be up to $270 per form
- Issues related to noncompliance and abatement requests