Today I came across a free one-hour webinar that I’d love to share with those in my line of work — or with clients who want to better understand how different types of income are reported (for themselves or their partners, employees and contractors).

The webinar is titled, “End of Year Payroll Considerations for Your Clients: W-2, 1099 & K-1 Distributions” and is being offered for free by CPA Academy on November 28, at 11 am Central Time.

Their description:

In this webinar, a TriNet payroll expert will provide information to help attendees guide their clients through the end of the year payroll process, including how to explain the difference between a W2, 1099 and K1 distribution, when each is required, as well as why this information is important to HR compliance and business success. Attendees will leave with more information on how to prepare their clients with the information they need for accurate, compliant payroll reporting and filing.

The difference between these types of income has even more effect on the bottom line where taxes are concerned than ever before, thanks to the new tax laws, and confusion still exists as to what goes where and why. Get a leg up on this before it’s time to issue these documents for clients or to employees.

Source: CPA Academy