New Form 1099 Reporting Requirements: 2026 Compliance Update
Duration: 60 Minutes
11 Days Left To REGISTER
Id: 211848
Serena Ittoo
Overview
This webinar provides a practical compliance update on 1099 information reporting requirements for the 2026 tax year. Attendees will receive an accurate overview of the new federal thresholds, the forms affected, how reporting obligations have changed, and what employers should do now to prepare.
The session focuses on how the One Big Beautiful Bill Act (OBBBA) and related IRS guidance have increased reporting thresholds and altered information return obligations for key Forms 1099 - including Forms 1099-NEC and 1099-MISC - and how these changes impact payor responsibilities.
This update also covers best practices for vendor data collection, payment tracking, electronic filing requirements, and distinguishing reporting responsibilities across different forms.
Why you should Attend
Failing to update information return processes for 2026 reporting can lead to missed filings, penalties, and compliance risk - even when bookkeeping appears accurate on the surface.
Understanding the updated thresholds, reporting forms, and timing requirements now gives employers a compliance advantage and reduces filing errors as tax season approaches.
Areas Covered in the Session
- Overview of IRS Form 1099 information returns and why they matter
- Increased reporting thresholds for 2026 and what this means for reporting volume and compliance processes
- Impacts for businesses using independent contractors and vendors
- How to update internal systems and accounting workflows for the new thresholds
- Form 1099-K threshold updates: implications of the reinstated higher reporting requirement ($20,000 and 200 transactions) for payment settlement entities and certain third-party network transactions
- Collection and verification of taxpayer identification numbers (TINs) and W-9 forms
- Electronic filing requirements and IRS filing systems
- Timing and due dates for information returns (including payee and IRS delivery deadlines)
- Best practices to avoid penalties and misfilings as reporting requirements evolve
Who Will Benefit
- Payroll and HR Operations Professionals
- Tax, Finance, and Accounting Leaders
- Finance and Compliance Teams in Businesses and non-profits
- Business Owners and CFOs
- Tax Advisors and reporting Specialists
Speaker Profile
Serena is a licensed Master NLP Practitioner and transformational coach specialising in helping professionals, leaders, and teams overcome anxiety, self-doubt, and workplace stress to unlock their full potential. With a results-driven yet empathetic approach, Serena empowers individuals and organisations to foster resilience, enhance focus, and cultivate a positive, thriving workplace environment.
Renowned for her ability to connect deeply with clients, Serena guides them through practical tools and strategies to reduce stress, improve confidence, and build emotional resilience. Her methods have transformed lives, from individuals seeking clarity in their personal lives to corporate leaders looking to navigate high-pressure environments with composure and impact.
Growing up, Serena was inspired by her mother, a Counsellor and Mentor, to embrace personal development early in life. This foundation shaped her ability to overcome challenges, and gave her a unique perspective on growth and resilience. Alongside her professional credentials, Serena holds a First-Class BSc in Songwriting & Music Production, demonstrating her creative and holistic approach to problem-solving and personal development.
Serena has also applied NLP techniques to overcome personal adversities, including bereavement, and has used these same tools to help others navigate change, develop mental clarity, and achieve their goals. Her own experiences fuel her passion for guiding others in crafting sustainable habits and building confidence in both their personal and professional lives.
Access Recorded Version
One Attendee / Group Attendees
Unlimited Viewing Recorded Version for 6 months ( Access information will be emailed 24 hours after the completion of live webinar)