Correcting Form 1099: Keys to Keep Compliant & Avoid Penalties
Recording Price: $199.00
(Includes Proprietary Materials)
February is your last chance to correct Forms 1099 before sending off to the IRS. With Form 1099 errors on the rise, you can't afford to miss a correction. Form 1099 reporting mistakes cost your company money and waste time, which also costs money. How can you make corrections to your Form 1099 and avoid costly fines from the IRS? Join us for this highly-informative, 60-minute program to discover:
Form 1099 changes vs. corrections: What you need to know
Keys to creating a Due Diligence plan to avoid mistakes
Keys to avoiding the most common Form 1099 mistakes & pitfalls
Strategies to remain IRS compliant when soliciting SSNs & TINs
Your compliance checklist: What your business is required to file
How to avoid hefty fines that plague accounts payable departments
Manage the "Corrected Form 1099" Nightmare: Avoid Fines & Interest
How to spot and fix troublesome IRS Form 1099 errors
Key issues for backup withholding and Form 1099-MISC
How to ensure compliance with the latest IRS regulations
Prevent the Year-End Panic: Guidelines to Reduce Mistakes
Nonemployee compensation: Rents, other income and more
What to do if a payee refuses or forgets to provide a TIN
Common mistakes and how to effectively avoid them
Avoiding Potential Pitfalls & Costly Fines: Keys to Get Corrections Right
How to ensure that you promptly receive vendor info
Developing a due diligence plan for Forms W-9 & 1099
Paper vs. electronic filling: Guidelines for correction
Latest Form 1099 updates: Keys for year-end compliance
Live Q&A Session - Have your Form 1099 Corrections questions answered!
About The Speaker
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.
He is also a published author, with numerous articles published on tax and financial law, and he has authored and published a series of tax guides on topics such as: W-9/1099 & W-8/1042-S compliance and reporting, payment cards, U.S. State & Local Reporting, worker compensation issues, international tax compliance, and more.
It's crucial for your organization to avoid IRS penalties that result from filing an incorrect Form 1099. In this jam-packed, 60-minute training program, you'll discover how to prevent, identify and correct errors, as well as filling error-free 1099s.