Why Should You Attend:
If you've heard that the IRS budget is likely to be cut and think that means good news for your organization when it comes to audits, think again. The indications are that enforcements in relation to information reporting errors will be up. This is nothing to worry about as long as your organization is doing what it is supposed to be doing when it comes to reporting income paid on Forms 1099. Now, more than ever it is important that you utilize best practices with regards to collecting and reporting taxpayer identification numbers and income as required. In this newly-created program you will learn exactly what you should be doing to comply with IRS regulations.
Areas Covered in the Webinar:
After this session you will be able to:
Identify all required TIN information you need to collect
Design a best-practice TIN solicitation process
Recognize outdated TIN collection practices
Determine who should sign up for IRS TIN Matching in your organization
Incorporate appropriate TIN solicitation practices into your new vendor operations
Identify those situations when you should require a new W-9
If you've heard that the IRS budget is likely to be cut and think that means good news for your organization when it comes to audits, think again. The indications are that enforcements in relation to information reporting errors will be up. This is nothing to worry about as long as your organization is doing what it is supposed to be doing when it comes to reporting income paid on Forms 1099. Now, more than ever it is important that you utilize best practices with regards to collecting and reporting taxpayer identification numbers and income as required. In this newly-created program you will learn exactly what you should be doing to comply with IRS regulations.
Areas Covered in the Webinar:
After this session you will be able to:
Identify all required TIN information you need to collect
Design a best-practice TIN solicitation process
Recognize outdated TIN collection practices
Determine who should sign up for IRS TIN Matching in your organization
Incorporate appropriate TIN solicitation practices into your new vendor operations
Identify those situations when you should require a new W-9
