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P-Card Reporting: Ensure 1099 Compliance


Course Description:

Did you know payments and purchases made with your organization’s P-Card are not exempt from Form 1099 reporting?  In fact, according to IRS regulations you need a verified Name and TIN for every payment made with your P-Card. 

Failure to comply and accurately report your P-Card purchases could expose your organization to severe federal and statutory penalties and tax liabilities.  Join CCM and Cokala in this practical audio program to learn how to bulletproof your procedures and accurately report your P-Card purchases every time! 

In just 75 minutes, you’ll find out:

  • How to accurately report transactions made with your payment card
  • Compliance strategies for state and IRS regulations governing P-Card reporting
  • What other guidance may be helpful in fulfilling your reporting obligation
  • Where to go for help in obtaining the information necessary for reporting
  • What the IRS defines as a “payment card” – it might surprise you!
  • How to identify reportable payments on your statements
  • Backup withholdings and “failure to report” penalties you could be responsible for
  • QPCA Program Update: What’s planned and when it’ll be operational

FEATURED FACULTY:

Marianne Couch, Esq., COKALA Tax Information Reporting Solutions, LLC

Marianne is an experienced advisor and author on U.S. federal and state tax information reporting compliance.  She served for many years as Research Director of Balance Consulting, and chaired special training and advisory services provided to large organizations including the insurance industry.  Prior to joining Balance Consulting, her professional experience was with a large regional law firm.  Marianne is a current member of the IRS Information Reporting Program Advisory Committee, and serves as Chair of the IRPAC Subcommittee on Small Business and Self-Employed (SBSE) tax issues.  She is a frequent lecturer at nationwide professional conferences, and author of numerous articles on tax reporting law and procedure.

MONEY-BACK GUARANTEE:

We're so confident you'll get what you want out of this conference that we'll refund every penny if you're not completely satisfied. No questions asked! It's 100% risk-free!

Pricing:

Item
CCM Preferred Customer Price
CD & Event Materials
$269.00

Your CD recording includes the complete audio conference presentation, audience Q&A and presentation materials.

 

Featured Faculty

Money-Back Guarantee

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