TIN Matching to Reduce Your B-Notices and Eliminate Proposed Penalties
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com
Instructor Profile:
Miles Hutchinson is a CGMA (Chartered Global Management Accountant) and experienced businessman. He has been an auditor with Price Water house Coopers and the Chief Financial Officer of a $1 billion real estate development company. Miles is a professional speaker and consultant who has presented over 2,000 seminars and training sessions on a myriad of business and financial topics, like financial analysis and modeling, accounting, strategic planning, and compliance with the Sarbanes-Oxley Act. He has over 35 years of practical experience in strategic planning, analysis and reporting. www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com
Description: One of the key components of the supplier validation process is Taxpayer Identification Matching (TIN) Matching. TIN Matching is free service provided by the IRS through their e-services offering. As noted as a best practice, it is important to atch the TIN provided o the supplier’s W-9 with the TIN on file with the IRS when you set up the supplier in your master file.
In this webinar instructor will discuss How to know vendor's W-9's are correct? What are the consequences of filing incorrect name and ID numbers on their 1099's? and more in detail to ensure your 1099's contain accurate information that will agree with the IRS's records. You will all but eliminate your B-Notices from the IRS. www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com
Why Should you Attend: How do you know your vendor's W-9's are correct? What are the consequences of filing incorrect name and ID numbers on their 1099's? In just 90 minutes, you can begin to develop a solid plan to move your company toward near absolute regulatory compliance, efficiency improvements, standardized processes, & adequate documentation to ensure your 1099's contain accurate information that will agree with the IRS's records. You will all but eliminate your B-Notices from the IRS!
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com
Objectives of the Presentation: The objectives of the presentation are to find answers to the following questions:-
What is TIN Matching? How do we register to use the system? How does the TIN Match system work? What are the best practices for managing 1099 reporting requirements? How do I deal with vendors who report incorrect information on their W-4's? B-Notices: When I receive a letter from the IRS stating I have incorrect names/TINS on my 1099's, what must I do and what about the deadlines? What if I receive a Notice of Proposed Penalty?
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com
Who can Benefit:
CFOs Controllers Compliance Managers Accounting Managers Accounts Payable Managers Any institution that makes reports on forms 1099-INT, 1099-B, 199-DIV, 1099-PATR, & 1099-MISC
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com
Live Session - How it works
Username and Password will be sent to you 24 hours prior to the webinar Presentation handouts in pdf format will be mailed to you Login to the session using the username and password provided to you Get answer to your queries through interactive Q&A sessions via chat Get certification of attendance.
Recorded Session – How it works
A link will be provided to you upon purchase of the recorded session Please click on the link to access the session Presentation handouts in pdf format will be mailed to you Get certification of attendance.
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com
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www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com