1099 Year-End Filing Prep Tasks for 2025

Author: Steven D. Mercatante

Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2028 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card

With constant revisions to Form 1099 and the related rule changes, it is crucial to remain up-to-date with the current information reporting laws to avoid those dreaded penalties and interest not to mention the time consumed to make corrections. Whether you are new or seeking an update this course will provide CPAs, Accounts Payable, Payroll, and Tax with plain English guidance to help minimize 1099 filing mistakes while breaking down the toughest 1099 payee and payment reporting situations.

In this course, industry expert and corporate tax attorney Steven D. Mercatante Esq. takes a look at some of the more common problems experienced by CPAs, accounts payable, and tax departments related to documenting, validating, and reporting payee information on IRS Forms 1099. He identifies key issues and best-practices for addressing them.

Publication Date: September 2025

Topics Covered

• July 2025 Updates
• Other 1099-NEC Changes Announced in 2025
• Other 1099-MISC Changes Announced in 2025
• June 2025 Updates for 1099-DA Reporting
• June 2025 Updates for 1099-R Reporting
• 1099 Validation Starts with the W-9: Name and Tin "Cheat Sheet"
• Validating Data
• B-Notice Response Best Practices
• IRS Form 972-CG Proposed Penalty Notice and Reasonable Cause

Learning Objectives

• Determine which 1099 to use and watch out for key trouble spots on the most commonly filed Forms 1099
• Identify the Form 1099-MISC’s trickiest boxes: rent, leases, prizes and awards, recognize which boxes to report attorney and settlement payments, identify what “damages” payments mean for AP purposes, identify the difference between box 6 and 1099-NEC box one medical service provider payments, identify when the reporting does not always follow the payment, determine which boxes to report non-qualified deferred compensation
• Identify W-9 document validation best practices with a focus on situations when multiple names are provided, handling undocumented payees, exempt organization payees, and IRS TIN Match Program best practices
• Identify recent 1099 changes as well as analysis of the Form 1099-NEC and 1099-MISC
• Recognize how to identify the reportable payee when you pay sole proprietors, LLCs, payee's merged or bought by another, S-Corps, agents, or middlemen
• Identify valuable tips for E-Filing and for using the Combined Federal/State Filing Program

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None