An Introduction to 1099 State Reporting

Direct state reporting of 1099 series forms is a crucial aspect of tax compliance for businesses operating in the United States. While the IRS establishes federal requirements that are uniform nationwide, each state government can impose its own distinct requirements and deadlines for 1099 forms.

Noncompliance with state-specific regulations can lead to costly penalties and legal ramifications, underscoring the importance of thorough compliance efforts across all jurisdictions where business activities occur. This session will cover the basics of 1099 state reporting, including:

• Understanding State Reporting Fundamentals
• Exploring Current Regulatory Trends
• Penalties and Risks Associated with Noncompliance
• Debunking Common Misconceptions in State Reporting
• Implementing Effective State Reporting Practices

Featured speakers:

Kellianne Munichiello
Regulatory Counsel, Sovos Compliance

Kellianne works as Regulatory Counsel for the Tax Information Reporting (TIR) Regulatory Analysis & Design Team at Sovos Compliance. She focuses on withholding and information reporting research at the state and federal level. Prior to Sovos, Kellianne worked as a real estate paralegal. Kellianne is a member of the Massachusetts Bar, earned her B.A. in Psychology at the University of Hawaiʻi at Mānoa, and graduated Cum Laude from Suffolk University Law School.

Brianna Bolin
Director, Compliance Services, Sovos Compliance

Brianna is a Director, Compliance Services at Sovos. As part of the TIR Compliance Services, her main area of focus is managing a team of individuals processing 1099 and ACA Reporting for Sovos Clients. Prior to Sovos, Brianna earned her B.A. from DePauw University.

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IOFM is committed to accessibility. Disability-related accommodation requests for the live event (such as providing live captioning) should be sent to [email protected] by close of business the day before the live webinar. A captioned recording of this webinar can be made available upon request to [email protected].

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To cancel your registration for this event, simply contact IOFM customer service at [email protected] (or call 207-842-5557) no later than 24 hours prior to the scheduled start of the event. You can choose to access the full recorded event, or, your credit may be applied toward the purchase of any IOFM product or interactive event. If for any reason you are not completely satisfied with this program, we will provide a full refund — no questions asked!

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