Keeping up with IRS regulations and form updates is critical for compliance success. This session will provide a comprehensive overview of the most recent changes to key IRS forms, including the 1099-NEC, 1042-S, and W-9, updated in March 2024. We will also dive into the latest developments in e-filing regulations, which began in 2023 but continue to evolve. Learn best practices for e-filing, explore the unique exception for Form 1042-S, and stay informed about any new IRS guidance or relevant court cases from 2025. This session ensures you’re equipped with the latest compliance knowledge and practical strategies to streamline your processes.

Agenda:

• Updates to the 1099-NEC for 2025
• Updates to the W-9: March 2024 changes and their implications
• Changes impacting 2025 filings and special exception for e-filing
• E-filing regulations and IRS rules for 2025 and practical tips for compliance and efficiency