What Is a 1099-NEC and What Do I Need To Know About 1099s?

On this episode Mike Jesowshek, CPA talks about 1099s and this new 1099-NEC form and what you need to know. Here is what is  discussed today:1) What is Form 1099?2) What is a 1099-MISC vs 1099-NEC?3) When Do I Need to File a 1099-NEC?4) When Is The 1099-NEC Filing Deadline?5) What Are The Penalties For Not Filing A 1099-NEC?6) 1099-MISC and 1099-NEC Summary--------Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com)Article: https://www.jetrotax.com/what-is-a-1099-nec-and-what-do-i-need-to-know-about-1099s/Form 1099-NEC: https://www.irs.gov/pub/irs-pdf/f1099nec.pdfForm 1099-MISC: https://www.irs.gov/pub/irs-pdf/f1099msc.pdfForm W9: https://www.irs.gov/pub/irs-pdf/fw9.pdfTrack1099 (Software): https://www.track1099.com/FREE Bookkeeping Training Program Sign-Up: http://www.JETROtax.co/BookkeepingTrainingJETRO Packages: https://www.jetrotax.com/packages/Book an Initial Consultation: https://harmonizely.com/mjesowshek--------Podcast Website: https://www.jetrotax.com/podcast/Facebook Group: https://www.facebook.com/groups/taxsavings/Facebook Group: https://www.facebook.com/groups/LawFirmAccounting/--------To find out more on this topic and many others visit our website at  www.JETROtax.com. You can also give us a call at 844-327-9272 or send your questions to us at: [email protected]