Hersh Teaching for Lorman

Brett Hersh, owner of HBS-TAX, has been recruited by Lorman Education, a national continuing education provider, to teach full day seminars to accounting and legal professionals in the area of proper 1099 reporting.

“This is quite an honor,” says Hersh, who also teaches business growth for Growth Strategies, LLC and Taxation and Housing Economics for the WV Real Estate Commission.  “Generally there are three instructors; EAs (Enrolled Agents), attorneys, or CPAs, dividing up the day’s instruction.  I find their faith in me to write and present full day classes both humbling and exciting.”

Hersh will be providing instruction on enforcement developments and proper 1099 reporting for businesses.  “The IRS attributes a large portion of unreported income and taxes to the number of businesses, especially small businesses, who fail to report income paid to vendors on for 1099-MISC.  In 2011, the IRS constructed an enforcement framework to make businesses aware and hold them accountable for their 1099 reporting.”

In the seminar, presented this fall in Morgantown, Hersh will also be teaching about Property Abandonment, Canceled Debt reporting, and the mysterious 1099-K (Payment Card and Third Party Network Transactions), which reports Credit Card and Pay Pal receipts to businesses and the IRS.

Lorman Education provides seminars and continuing education services in a variety of disciplines for professionals across the United States.  HBS Tax specializes in tax preparation, tax representation, bookkeeping, payroll and business development services for individuals and organizations across the region.  To view and register for a Lorman Seminar visit Lorman.com. To learn more about HBS log onto HBSbusiness.com or call 304-267-2594.

Brett Hersh's avatar
  • Author: Brett Hersh
  • Bio: Brett Hersh, EA, MBA, is the owner of HBS TAX & Small Business Experts. He is an Enrolled Agent (EA) with the IRS and licensed by the US Treasury Department to prepare all tax returns and represent taxpayers before the IRS for audits, collections and appeals. He is also Dave Ramsey’s ELP for Tax and Accounting, a continuing education instructor for tax professionals through Lorman Education, and a local speaker/presenter on the topics of tax and business growth. He can be reached at (304) 267-2594.