Learn What to Do Now to Set Yourself Up for Year-End Success
During our 1099 webinar in December, we covered the change of 1099-K reporting requirements. The change that we described for tax year 2022, involved Third-Party Settlement Organizations (TPSOs) and would have lowered the 1099 threshold to $600 for the year. On December 23rd, the IRS released an update that delayed this change until tax year 2023.
The announcement is linked here.
With this change, the 1099-K reporting threshold remains at $20,000 and 200 transactions for tax year 2022.
If there are any questions, please reach out to [email protected] and we will be happy to assist.
The holidays can be a busy time for your accounting team. To help you properly wrap up 2022 and kick off 2023 with less stress, join us on December 7 to hear filing tips from our outsourced accounting experts. This webinar is designed to review 1099 deadlines and requirements and explain how you can simplify your filing process with customizable, turnkey and secure electronic solutions.
Learning Objectives:
- Prepare to meet the tight filing deadline of January 31
- Build strategies to avoid the usual year-end rush and bandwidth problems
- Streamline processes to avoid stress and late fees
Speakers
- Heather Smartt, Manager, Armanino
- Niki Rahimi, Director, Armanino
- Rebecca Bunas, Senior Account Executive, Armanino
- Tyler DeWitt, Senior Consultant, Armanino
