Training Doyens

OVERVIEW The changes in reporting requirements for Form 1099-MISC can be confusing and the IRS has recently made changes to reporting, error correction, and filing due date requirements. Our upcoming webinar discusses the latest updates including the specific reporting requirements for various types of payments and payees, filing requirements, withholding requirements and reporting guidelines. The webinar covers the following key areas: ·          Changes to filing deadlines and affected returns, de minimis exception for money errors, and increases in penalties for non-compliance  ·          Identification of reportable payments and payees, and common 1099 errors — how to prevent them and how to correct them ·          TIN verification, backup withholding, and penalties and problems  LEARNING OBJECTIVES Know when to furnish and fi...

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. It will cover filing due dates including the accelerated due dates for  1099-MISC  Forms with an entry in box 7, and the safe harbor requirements for de minimis dollar amount errors. It will cover penalty provisions due diligence procedures, and exceptions to penalties including reasonable cause, common errors, and correction of errors. 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. In order to stay compliant,...

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. It will cover filing due dates including the accelerated due dates for 1099-MISC Forms with an entry in box 7, and the safe harbor requirements for de minimis dollar amount errors. It will cover penalty provisions due diligence procedures, and exceptions to penalties including reasonable cause, common errors, and correction of errors. 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. In order to stay compliant, practitioners mus...

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. It will cover filing due dates including the accelerated due dates for 1099-MISC Forms with an entry in box 7, and the safe harbor requirements for de minimis dollar amount errors. It will cover penalty provisions due diligence procedures, and exceptions to penalties including reasonable cause, common errors, and correction of errors. 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. In order to stay compliant, practitioners ...

OVERVIEW Accounts payable professionals, managers, and withholding agents need to be aware of the changes in Form 1099-MISC in order to avoid non-compliance and penalties. Patrick discusses specific reporting requirements for various types of payments and payees, filing requirements, withholding requirements and reporting guidelines with latest updates. The webinar provides a clear and deep understanding about: ·          Changes to filing deadlines and affected returns ·          Common 1099 errors – how to prevent them and how to correct them ·          Using the IRS TIN verification system 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 t...