1099 Prep: What You Need to Know for 2024!

It’s that time of the year again. You’ve got year-end tax prep and the 1099 submission deadline looming. We’ll look at the reporting requirements, some important changes to federal and state 1099 reporting, and potential impacts on your company. With the help of tax expert Rebecca Colman from SOAProjects, we’ll identify areas of focus for year-end, including what you need to know to crush 1099 reporting.

Airbase and Avalara will introduce you to ways you can automate W-9 collection, tax ID verification, reporting, and tax filing. You’ll also have an opportunity to ask your questions of the experts.

Learning Objectives:

1099 FAQs — the information you need and how to proactively prepare.
An overview of changes to state and federal 1099 requirements that might impact your planning.
Automation tools to ease the process.
What to do if you get it wrong.

Prerequisite: None

Program level: Basic

About the speakers.

Rebecca Colman

Tax Director, SOAProjects

Rebecca Colman is Tax Director at SOAProjects, an advisory firm that helps companies scale from startup to IPO with highly experienced teams in finance, accounting, IT, and data analytics. Rebecca has extensive tax, finance, and accounting experience in both industry and public accounting. She began her career at PWC and has served in tax roles in several companies, including Square Trade, an Allstate company, 23andMe, and Oracle. With a deep understanding and experience with financial reporting and tax application software she has served in consulting roles for companies including, Thomson Reuters and RGP. Rebecca also served as Controller for the non-profit Family & Children Services of Silicon Valley, a division of Caminar.

Rebecca’s expertise includes tax compliance, indirect taxation, tax advisory, sales tax, direct tax, tax research, corporate tax, nonprofits, and tax accounting. She currently advises SOA Projects clients on corporate federal, state, and international tax compliance, indirect tax, Voluntary Disclosure Agreements (VDA), audit controversy, R&D tax credits, ASC 740 provision, ASC 606 revenue recognition, and ASC718 stock-based compensation.

Rebecca has an MS in Taxation from American University — Kogod School of Business and a BS in Accounting from St. John’s University, The Peter J. Tobin College of Business.

Gordon Walsh

1099 Solution Expert, Avalara

Gordon Walsh is the 1099 & W-9 Solution Consultant at Avalara. He spent almost a decade as a teacher before making a pivot into the world of taxes. He spent several years specializing in Human Capital Management before finding a focus on contingent labor management and all things 1099.