IRS Form 1099: New Penalty Rules Effective From January 2017

IRS Form 1099: New Penalty Rules Effective From January 2017 is a webinar dedicated to guidelines, deadlines and forms that affect the IRS reporting requirements.

Topics

• Compliance issues
  • IRS 2100/2100A and subsequent B-Notices to payees
  • IRS solicitation requirements
  • 2017 increase in penalties for noncompliance
  • IRS reporting and IRS backup withholding requirements
• The basics of 1099 reporting
  • IRS TIN Matching Program and Procedures to Correct inaccurate 1099s
  • Types of Payments requiring 1099s
  • Advantages of IRS e-services
• Updates and current hot topics in 1099 compliance
  • Changes in Form 1099-MISC reporting
  • 2015 legislation effecting 2017 information reporting
  • Consumer/Debtor Alert: Form 1099-C - Cancelation of Debt (COD)
  • Form 1099-B requirements: broker basis reporting
  • 1099-K
  • IRS merchant acquired reporting requirements: Code Section 6050W and Form

Who should Attend

• CFOs
• Accountants
• Accounts Payable Professionals
• Controllers
• Presidents / Vice Presidents
• Tax Managers / Tax Preparers
• Remote Agents
• Bookkeepers and Enrolled Agents
• Attorneys