The 1099 Reporting and Accounts Payable Analyst is responsible for overseeing the accurate and timely processing of 1099 per the IRS timelines, as well as managing all aspects of IRS 1099 reporting i.e. corrections, filing, etc. This role ensures compliance with federal tax regulations, working with Vendor Maintenance to correct and update withholding.
The 1099 Reporting and Accounts Payable Analyst will:
+ Review account payable transactions to identify vendors requiring 1099 reporting.
+ Prepare, reconcile, and file annual 1099 forms with the IRS, ensuring compliance with all relevant deadlines and regulations.
+ Distribute 1099 forms to vendors and respond to vendor inquiries regarding 1099s.
+ Stay current on IRS rules and guidelines related to 1099 reporting and implement necessary changes to company processes.
+ Collect and maintain 1099 from the KP regions (i.e. The Permanente Medical Group(s)) for 1099 reporting, including W-9 forms and tax identification num...