Managing clients’ 1099 filing requirements may only be top of mind near the January 31 filing deadline, but the onboarding of new vendors happens throughout the entire year. It’s imperative that firms apply careful consideration and best practices for W-9 collection and maintenance. This valuable service helps clients remain compliant and avoid unnecessary penalties from the IRS. 

To effectively manage this complex process, Avalara's 1099 & W-9 offers a solution that automates filings and paves the way for a recurring revenue stream from January through December.

Learning Objectives:

• Describe how year-round attention to W-9 and 1099 compliance can reduce potential penalties from the IRS


• Determine the critical security measures required when handling sensitive tax information in W-9 filings


• Recognize how software automation can help clients avoid discrepancies, errors, and unnecessary penalties


• Evaluate legislative changes from the IRS and their impact on the 1099 and W-9 landscape