1099 Strategies: Is QuickBooks enough?

Rich Kane CPA will join us to recap the 1099 filing capabilities in QuickBooks and Avalara will be joining us to share how their solution can augment and streamline the filing process.QB Power Hour is a free, biweekly webinar series for accountants, ProAdvisors, CPAs, bookkeepers and QuickBooks consultants presented by Dan DeLong and Matthew Fulton who are very passionate about the industry, QuickBooks and apps that integrate with QuickBooks.Earn CPE through Earmark: https://bit.ly/QBPHCPEWatch or listen to all of the QB Power Hours at https://www.qbpowerhour.com/blogRegister for upcoming webinars at https://www.qbpowerhour.com/00:00 Introduction and Housekeeping01:03 Earning Continuing Professional Education Credit02:09 Welcome and Today's Topic Overview02:53 Meet the Hosts and Guests05:53 Avalara's Role in 1099 Compliance07:20 QuickBooks Desktop Pricing Changes13:23 Understanding 1099 Forms and Compliance30:43 Tax Return Tips and 1099 Reporting31:07 Year-End Check Writing and Mismatches32:35 Discussion on 1099-K and Marketplaces34:17 New W-9 Form and IRS Changes39:33 1099 Extensions and Penalties41:02 Best Practices for 1099 Preparation45:56 QuickBooks and Avalara Integration50:48 Avalara 1099 Solution Overview57:53 Final Thoughts and Next Steps