New Form 1099 Reporting Requirements: OBBB Changes and 2025 Compliance Update

Overview:

If you think you’ve got 1099 reporting figured out, 2025 might change your mind. With sweeping new IRS regulations introduced through the One Big Beautiful Bill (OBBB), businesses are now facing a drastically altered reporting landscape for 2026—and many are unprepared. From updates to the familiar 1099-MISC and 1099-NEC forms to a full reversal of the 1099-K threshold requirements for third-party payment networks, the pressure is mounting for finance, payroll, and accounts payable teams to re-evaluate how they identify, track, and report non-employee payments.

Adding to the complexity, the IRS has unveiled a brand-new 1099 form: the 1099-DA, targeting cryptocurrency and digital asset transactions—a move signaling how seriously regulators are cracking down on previously underreported areas. These changes don’t just impact tech firms or exchanges; they touch any business that pays vendors, contractors, or professionals in crypto or digital form.

But compliance isn’t just about knowing the forms—it’s about mastering the scenarios. What happens when you pay a deceased employee’s estate? Which legal fees go on a 1099-MISC vs. 1099-NEC? Do you know which payments trigger backup withholding—and which don’t? Inconsistent reporting can lead to steep IRS penalties, but more often, it simply erodes trust with vendors and opens the door to audit risk.

This webinar is your opportunity to get ahead of the changes. Join expert Mark Schwartz as he breaks down not just what’s changing, but what it means for your reporting procedures, internal controls, and risk exposure. Whether you're processing payments to vendors, gig workers, or attorneys—or simply trying to avoid that dreaded IRS penalty letter—this session will provide the clarity and confidence your team needs to stay compliant in a fast-changing regulatory environment.

Areas covered in the session:

There are over 20 different types of 1099s the IRS requires you to report certain payments on. DO you know when to use them, and what payments go where on each form? Learn the ins and outs of 1099 filing requirements in this must-attend session. In this webinar we discuss:

• The One Big Beautiful Bill and its new 1099 requirements
• Latest Form 1099-NEC, 1099-MISC, 1099-K, 1099-DA and any changes to other 1099 form reporting requirements with specifics
• Reminders and details about Due Dates, E-filing, TIN online Matching, FIT withholding requirements
• What attorney's fees go on the 1099-NEC or the 1099-MISC
• When payments made to the estate of a deceased employee go on 1099s
• Penalties for non-compliance
• Best Practices and frequent questions

The following 1099s will be discussed in detail as to types of payments reported, which business have to issue them, who generally receives them and other details:

• 1099-A - Acquisition or Abandonment of Secured Property,
• 1099-B - Proceeds from Broker and Barter Transactions
• 1099-C - Cancellation of Debt
• 1099-K - Payment Card & Third Party Network Transactions
• 1099-MISC - Miscellaneous Information
• 1099-NEC - Non-Employee Compensation
• 1099-R - Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, etc
• 1099-DIV, 1099-OID and 1099-INT - Investment related 1099s
• All other 1099s will be introduced as to their purpose and payments recorded.

Handouts:

Attendees will gain access to exclusive handouts, including presentation materials provided by the speaker and additional resources developed by Amorit Education to aid your teams in post-session implementation.

Why Should You Attend?

Because the 1099 landscape is shifting under your feet — and if you’re still relying on outdated rules, you’re already behind.

With the OBBB ushering in major reporting changes, including new thresholds for 1099-NEC and 1099-MISC, the reversal of 1099-K rules, and the introduction of the 1099-DA for digital assets, businesses must act now to update their systems and workflows. The IRS is expanding its enforcement focus, especially on gig workers, crypto payments, and service-provider misclassification — which means your exposure to penalties has never been higher.

Whether you're the one issuing the forms, managing vendor records, or overseeing AP compliance, this session gives you the clarity and foresight to confidently prepare for 2025 and beyond. You'll learn how to apply the rules in real-world situations, avoid the most common mistakes, and ensure your organization isn’t caught off guard during tax season or an IRS audit.

Don't wait until year-end to fix reporting gaps. Get the expert insights you need now — before non-compliance becomes a costly mistake.

Who will benefit?

This webinar is designed for professionals responsible for vendor payments, tax compliance, financial reporting, or navigating IRS regulatory changes — those include:

• Accounts Payable Managers & Specialists
• Payroll Managers & Administrators
• Controllers and CFOs
• Staff Accountants
• Compliance Officers
• Human Resources Professionals
• Tax Managers & Tax Compliance Specialists
• Finance Directors
• Treasury Professionals
• Bookkeepers
• Small Business Owners
• Procurement & Vendor Management Staff
• Internal Auditors