Online Safety Community

Using Form 1099-MISC Correctly

Event Details

Using Form 1099-MISC Correctly

Time: August 1, 2018 from 1pm to 2:30pm
Location: Training Doyens 26468 E Walker Dr
Street: 26468 E Walker Dr,Aurora, Colorado
City/Town: Aurora
Website or Map: https://bit.ly/2IHSvbf
Phone: +1-720-996-1616
Event Type: online
Organized By: Training Doyens
Latest Activity: Jul 2

Export to Outlook or iCal (.ics)

Event Description

OVERVIEW

This webinar will cover the latest updates for Form 1099-MISC, specific reporting requirements for various types of payments and payees, filing requirements, withholding requirements and reporting guidelines. It will cover filing due dates including the accelerated due dates for 1099-MISC Forms with an entry in box 7, and the safe harbor requirements for de minimis dollar amount errors. It will cover penalty provisions due diligence procedures, and exceptions to penalties including reasonable cause, common errors, and correction of errors.

WHY SHOULD YOU ATTEND

The changes in reporting requirements can be confusing and the IRS has recently made changes to reporting, error correction, and filing due date requirements. Accounts payable professionals, managers, and withholding agents need to be aware of the changes in order to avoid non-compliance and penalties. Penalties for non-compliance have recently been increased.

AREAS COVERED

  • Reminders & What’s New
  • Information Returns
  • A walk through Form 1099-MISC
  • SSN, TIN, EIN
  • TIN Solicitation & “B” Notices 
  • TIN Verification
  • Backup Withholding 
  • Penalties and problems 

LEARNING OBJECTIVES

  • Know when to furnish and file information returns under the new requirements
  • Understand the de minimus error rules
  • Identify reportable payments and payees. Know when a 1099 is required
  • Be aware of common 1099 errors: Know how to avoid them and how to correct them
  • Understand backup withholding: What it is; When to start and when to stop; How to deposit and report. 
  • Know the due diligence procedures to avoid penalties for missing or incorrect payee tax ID numbers
  • Understand the procedures for "B" notices: When to issue and how to follow-up
  • Know when the payment card rules apply and how 1099 reporting is affected
  • Understand how to document independent contractor as reportable or non-reportable
  • Know the procedures and policies that establish "reasonable cause" and avoid penalties

WHO WILL BENEFIT

  • CFOs and controllers
  • Accounts payable and accounting managers
  • Accounts payable processing professionals
  • Employers and Business owners
  • Purchasing managers and professionals 
  • Public accountants, CPAs and Enrolled Agents

 

For more detail please click on this below link:

https://bit.ly/2lL8NqV

 

Email: support@trainingdoyens.com

Toll Free: +1-888-300-8494

Tel: +1-720-996-1616

Fax: +1-888-909-1882

 

 

Comment Wall

Comment

RSVP for Using Form 1099-MISC Correctly to add comments!

Join Online Safety Community

Attending (1)

Take our poll!

Take our poll!

Latest Activity

Roger Steven posted a blog post

Social media policy for healthcare

Why has social media policy for healthcare now become a rather indispensable part of the official routine of most healthcare settings? Simple: The sheer prevalence of this medium. The social media such as Facebook, WhatsApp, LinkedIn, YouTube or Instagram offer unlimited opportunities for spreading information about a business or individual to vast sections of the populace. For healthcare settings, it is a tool of enormous use and value because the healthcare unit can propagate information in…See More
6 hours ago
HrishikeshRam posted blog posts
7 hours ago
Jen McDade joined Michael Tooma's group
Thumbnail

Safety Law

A group for those interested in occupational health and safety law and legal cases.
8 hours ago
Russel Stuart posted blog posts
9 hours ago

Forum

Road Safety

What can be the best measures for Road Safety?Continue

Started by Jen McDade Sep 27.

safety equipments in breweries 4 Replies

safety equipments in breweries -- kindly provide detailsContinue

Started by ajit. Last reply by Jen McDade Sep 24.

Unusual Safety Tips 10 Replies

Please share some unusual but genuine safety precautions.My unusual safety tips - Don't drink sweet fruity juice while driving in the night as it contains sugar and sugar slows down your blood…Continue

Started by Arnold Brame. Last reply by Jen McDade Sep 24.

Safety products 9 Replies

While working or at some work stations, employees are exposed to threats or at times suffer severe injuries. The safety of the employee should be the foremost priority. Safety equipment aids help in…Continue

Tags: equipments, and, products

Started by Enna Henry. Last reply by Jen McDade Sep 24.

Talend Application Integration

APPLICATION INTEGRATION:Talend ESB and Application Integration delivers agile real-time integration of applications and data.Heterogeneous Application and Data IntegrationTalend’s open source ESB…Continue

Tags: york, new, certification, training, talend

Started by nicolewells Sep 21.

Badge

Loading…

© 2018   Created by Safety Community.   Powered by

Badges  |  Report an Issue  |  Terms of Service