TIN Matching 2018 Update: How to Reduce Penalty Assessments and B-Notices

webinar TIN Matching 2018 Update: How to Reduce Penalty Assessments and B-Notices

You Will Learn:

  • How to respond to the IRS to avoid penalties and how to prepare for B-notices
  • TIN matching basics and B-Notice processing rules
  • Deadlines and filing requirements for information returns
Watch the pre-recorded web conference
$269.00
 

Did you know the IRS has updated their TIN Matching process to require greater accuracy?

They're also examining proposals that include your need to obtain a TIN for every payment subject to 1099-MISC. Worse yet, if you don't then the IRS is considering whether to begin assessing automatic penalties for TIN mismatches!

What does this mean for you? Increased pressure on your vendors for TINs, and even requiring them in writing on a W-9 form.

To avoid costly penalties, you’ve got to get up to speed on recent regulatory changes and learn proper procedures for obtaining documents containing TIN/Name/Status information.

Learning Objectives

Experienced business consultant and tax reporting specialist, Steven D. Mercatante, Esq., will discuss best practices for preventing costly penalties, and how to safely manage requirements and procedures surrounding Form W-9 and TINs.

  • How to ensure your organization’s compliance with documentation, reporting and withholding requirements
  • How to respond to the IRS to avoid penalties and how to prepare for B-notices
  • The importance of payee TIN and name certification
  • TIN matching basics
  • B-Notice processing rules
  • Deadlines and filing requirements for information returns
  • Federal backup withholding and associated financial liability risks
  • What constitutes a solid Reasonable Cause History when requesting Penalty Abatement

 

 

Product ID: 19563

Learn How to Prevent Costly Fines and Reduce the Risk of Being Out of Compliance!

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Faculty

Steven D. Mercatante, Esq.
Steven D. Mercatante, Esq.
Principal and Founder, TIR Consulting

Steven Mercatante is the principal and founder of TIR Consulting, LLC. He is a nationally recognized leader in tax reporting education and consulting on specialized compliance issues. He has conducted on-site consultation for corporate clients from across the world and led countless seminars and webinars for C4CM, Convey Compliance Systems, IAPP, Balance Consulting, The Accounts Payable Network, and Accounts Payable Now and Tomorrow.

Continuing Education Units

  • cpe

    Receive 1.5 CPE credits by attending the live Audio Conference! C4CM is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org

    Recordings of the program do not qualify for CPE credits. For more information regarding administrative policies such as complaint and refund, please contact our offices at 877-900-C4CM (2426).

    • Program Level : Intermediate
    • Prerequisites : This course is for participants with some exposure to the subject.
    • Advanced Preparation : None
    • Delivery : Group Live

Learn How to Prevent Costly Fines and Reduce the Risk of Being Out of Compliance!

Get it on demand now

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