The new Form 1099-NEC, overhauled Form 1099-MISC, CARES Act and SECURE Act are just a few of the major changes expected for the 2020 tax season. Not preparing for these changes will add unnecessary stress to your upcoming tax season, and waiting to collect W-8 and W-9 information exposes your business to significant penalty risk.
Download the recording of our free webinar hosted by tax reporting experts from Sovos and Tipalti and receive:
-An overview of the reporting process for W-8s, W-9s, 1099s and 1042-Ss
-Best practices for collecting & validating Forms W-8 and W-9
-Tips for minimizing B-Notices and P-Notices
-Important changes to Forms 1099-MISC, 1099-K, 1042-S and the new Form 1099-NEC