Form 1099- MISC Compliance, Due Diligence, Reporting Requirements - Latest Updates

MessageThis Webinar is over
Date May 1, 2019
Time 01:00 PM EDT
Cost $199.00
Online
OVERVIEW
This webinar will cover the latest updates for Form 1099-MISC, specific reporting requirements for various types of payments and payees, filing requirements, withholding requirements and reporting guidelines.
WHY SHOULD YOU ATTEND
The changes in reporting requirements can be confusing and the IRS has recently made changes to reporting, error correction, and filing due date requirements. Accounts payable professionals, managers, and withholding agents need to be aware of the changes in order to avoid non-compliance and penalties. Penalties for non-compliance have recently been increased.
AREAS COVERED
  • Reminders & What’s New
    • Changes to filing deadlines and affected returns
    • De minimis exception for money errors 
    • Increases in penalties for non-compliance 
  • Information Returns
    • Overview of information returns
    • Resources for compliance 
  • A walk through Form 1099-MISC
    • Identification of reportable payments and payees
LEARNING OBJECTIVES
  • Know when to furnish and file information returns under the new requirements
  • Understand the de minimus error rules
  • Identify reportable payments and payees. Know when a 1099 is required
  • Be aware of common 1099 errors: Know how to avoid them and how to correct them
  • Understand backup withholding: What it is; When to start and when to stop; How to deposit and report. 
  • Know the due diligence procedures to avoid penalties for missing or incorrect payee tax ID numbers
  • Understand the procedures for "B" notices: When to issue and how to follow-up
  • Know when the payment card rules apply and how 1099 reporting is affected
  • Understand how to document independent contractor as reportable or non-reportable
  • Know the procedures and policies that establish "reasonable cause" and avoid penalties
WHO WILL BENEFIT
  • CFOs and controllers
  • Accounts payable and accounting managers
  • Accounts payable processing professionals
  • Employers and Business owners
  • Purchasing managers and professionals 
  • Public accountants, CPAs and Enrolled Agents
 
Use Promo Code MKT10N and get flat 10% discount on all purchases
For more detail please click on this below link:
http://tinyurl.com/y65lge8b
Email: support@trainingdoyens.com
Toll Free: +1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882
 
 
 
 

 


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