On-demand Webinar: LLCs and 1099s — Updated for 2026

Limited Liability Companies (LLCs) create confusion when it comes to 1099 reporting. Are they treated like corporations, partnerships, or sole proprietors? The answer is: it depends. In this 90-minute session, we’ll break down how LLCs are taxed, how to tell what rules apply, and what that means for your 1099 compliance process. We'll also break down the proposed change to the W-9 (which may or may not be released for real by the time of the session!), which is driven by single-member LLCs. 

This session will give you practical, plain-English guidance on:

• How LLCs can elect to be taxed (sole proprietorship, partnership, or corporation)
• How each tax treatment affects whether a 1099 is required
• What to look for on a Form W-9 to confirm the right treatment
• Common misconceptions and pitfalls when issuing 1099s to LLCs
• Real-world examples and case studies to help you apply the rules with confidence

Whether you’re dealing with vendors, contractors, or service providers, this session will help you cut through the complexity and make correct reporting decisions.

Learning Objectives:

By the end of this session, participants will be able to:

1. Explain the different ways an LLC may be taxed.
2. Determine whether an LLC should receive a Form 1099 based on its tax classification.
3. Identify the proper use of Form W-9 in confirming an LLC’s status.

Featured Speaker

Jason Dinesen

Jason Dinesen, EA, is a distinguished tax professional and educator with a fervent passion for demystifying complex tax concepts. Jason is the founder of Dinesen Tax & Accounting, P.C. and Dinesen Tax Advisory, LLC in the tax and accounting world. He also is founder of Dinesen Media Ventures, which provides a diverse range of media content, ranging from continuing education programs for accountants and tax professionals, to podcast production to radio and journalism content. 

Recognized for his sharp tax interpretations, Jason is renowned for promptly analyzing the latest tax updates and IRS guidance, sharing his insights with the professional community. Over his career, he has educated more than 200,000 accounting, tax, and HR professionals on various topics. Form 1099 was the very first thing he ever taught on, on April 26th, 2012, at a Sheraton Hotel next to a Lowe's in West Des Moines, Iowa. He still teaches on 1099s and around 30 other tax topics.

Continuing education credits available!

Continuing Education for IOFM Certification

Receive 2 CEUs toward maintaining a certification with IOFM! IOFM's premier certification programs are designed to establish standards for the industry and recognize financial operations professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the body of knowledge in their profession. Additional rules may apply, depending on your certification. See full guidelines here. 

Accessibility Information:

IOFM is committed to accessibility. Disability-related accommodation requests for the live event (such as providing live captioning) should be sent to [email protected] by close of business the day before the live webinar. A captioned recording of this webinar can be made available upon request to [email protected].

Cancellation policy:

To cancel your registration for this event, simply contact IOFM customer service at [email protected] (or call 207-842-5557) no later than 24 hours prior to the scheduled start of the event. You can choose to access the full recorded event, or, your credit may be applied toward the purchase of any IOFM product or interactive event. If for any reason you are not completely satisfied with this program, we will provide a full refund — no questions asked!

For more information:

Contact Customer Service:

Phone: (207) 842-5557

Email: [email protected]