New Form 1099 Reporting Requirements: 2025 Compliance Update
Instructor
Mark Schwartz
CHOOSE YOUR ACCESS
Webinar details
Everything you'll learn in this session
Webinar Description
Overview
With the IRS expanding information reporting rules and increasing enforcement efforts, Form 1099 compliance has become more critical than ever for businesses of all sizes. The 2025 updates bring new reporting thresholds, revised filing requirements, expanded e-filing mandates, and heightened penalties for inaccuracies and late submissions.
This webinar provides a comprehensive guide to the latest 1099 reporting rules, helping employers, accountants, and payroll professionals stay fully compliant and avoid costly IRS penalties.
Why You Should Attend
- Understand the latest 2025 IRS updates impacting Form 1099 filing.
- Learn which payments must be reported — and which exemptions still apply.
- Prepare for expanded electronic filing requirements and new thresholds.
- Avoid common mistakes that trigger IRS notices, penalties, or audits.
- Get clarity on 1099-NEC, 1099-MISC, backup withholding, and TIN matching rules.
- Strengthen your internal processes to ensure accurate and timely filing.
Who Will Benefit
This session is essential for professionals responsible for vendor payments, tax reporting, or financial compliance, including:
- Payroll and Accounting Professionals
- CPAs and Tax Preparers
- Controllers and CFOs
- HR and Finance Managers
- Small Business Owners
- Compliance and Audit Professionals
Areas Covered in the Session
- Overview of Form 1099 reporting requirements
- 2025 updates: new rules, thresholds, and filing mandates
- 1099-NEC vs. 1099-MISC: what goes where
- E-filing requirements, deadlines, and penalties
- Backup withholding rules and TIN matching best practices
- Reporting payments to independent contractors and vendors
- State-level 1099 reporting updates
- How to correct errors and avoid IRS penalties
- Best practices for documentation, recordkeeping, and year-end preparation.
Meet your speaker
Mark Schwartz
Mark Schwartz is an employment tax specialist and has over 15 years of employment tax experience as an independent consultant and as a payroll tax auditor with the State of California. He has managed an audit caseload of 20 ongoing audits, from small home-based businesses to large multi-national corporations. He is expert at defining regulatory and statutory requirements from local, State and Federal government agencies; and helping the average businessperson understand what that means to their business. He has processed weekly and bi-weekly payroll checks plus tax forms for businesses with hourly as well as exempt workers, multistate operations and a wide variety of benefits.
Mr.Schwartz provides consulting services encompassing payroll processing and payroll tax issues. These include payroll tax minimization, payroll tax compliance reviews, independent contractor studies, use of electronic transfers, deductions, benefits, etc. Mark has represented both clients and the State in front of the State Appeals Board. He understands the complexities of local wage laws, unemployment and disability claims, and other wage and benefit issues affecting your employees.
Mark prides himself on his outstanding customer service skills. He listens attentively to his clientele, helping them bridge the gap between the small business world and Government bureaucracy. He eagerly assists with clients needs and feels that educating clients toward faster, accurate and more complete payroll processes provide the most value.
Mark is a participating member of the American Payroll Association. He earned his BA and MBA in Finance at Santa Clara University. He has held Certified Internal Auditor and Certified Investment and Derivatives Auditor Credentials. Mark is currently pursuing a Certified Payroll Fundamentals Credential with the American Payroll Association.