Countdown to Form 1099 Compliance Deadlines: How to Meet or Extend Your IRS Due Dates | Product

It’s January 2022.  Do you know the IRS filing deadline for each type of Form 1099 (or 1042-S) your organization is required to file?

Do you know which forms are eligible for easy “automatic” extension of IRS filing due date – and how to claim these extensions?

Do you know which are excluded from “automatic” extension, but might be granted a filing extension if certain hardship circumstances can be shown – and how to communicate with the IRS about this?

Do you know the special procedure for requesting additional time to prepare and furnish the required information return copies to payees and other reportable persons?

Do you have procedures in place for best handling of situations in which a filing or furnishing deadline has been missed?

This new and timely training program for information return compliance will help you with all of these important deadline issues and procedures.

Learning objectives:

• Correctly identify the IRS filing deadline for the types of Form 1099 information returns your organization files
• Correctly identify the deadline date for providing “Recipient” copies of 1099 forms
• Prepare the correct IRS form or official letter request for additional time to file information returns or furnish recipient copies.