Training Doyens

For years the IRS has struggled with the independent contractor and tax collection issues, and organizations need a refined approach to IRS information reporting for maintaining compliance with regulations. Our upcoming webinar discusses the rules for W-9 documentation and 1099 reporting and techniques to keep your company in compliance. The webinar covers the following key areas: ·          How to test the accuracy of the W-9 information with the IRS’s records – for free! ·          Form 1099-Misc – guidelines for proper use and classification of diverse payments on this form ·          The government wants to remove the exemptions – what this means to you LEARNING OBJECTIVES Learn the rules for W-9 documentation and 1099 reporting. Learn how to establish the independent contractor relationship with the right documentation. Understand the rules and...

OVERVIEW What are the rules regarding paying and IRS information reporting on Independent Contractors ? How do I avoid the IRS CP-2100 (B-Notices)? What if my vendor claims exemption; must I obtain W-9 forms anyway? What are the IRS best practices? How can I minimize risk of improper exemption claims by my vendors? Get the answers to these and related questions to reduce your risk of huge penalties from the IRS. WHY SHOULD YOU ATTEND For years the IRS has struggled with the independent contractor and tax collection issues. In assessing opportunities to close the tax gap (taxes due but not reported or paid), one of the greatest opportunities comes from expanding the information reporting on taxpayers by payers – the 1099 reporting. This time IRS information reporting can be streamlined in a number of ways. Join us to learn more. AREAS COVERED Starter Question: How can we best set up an independent contractor in our vendor payment system ...