Audio Conferences

  December 11, 2006 at 02:00PM ET

Filing Form 1099 is one of the most difficult and complex issues affecting today’s Accounts Payable professionals. Mistakes that go unnoticed – mistakes that seem awfully small to those outside the IRS orbit – can in fact produce serious official Notices from the IRS that will require you to spend endless hours searching your files for documentation and preparing detailed written responses.

And, there’s no such thing as informal response to these IRS Notices. The actions you must take to prevent disastrous penalty assessments are strictly prescribed in IRS Regulations – regulations that not many departments have on hand or know well.

Join IOMA and Balance Consulting for this must-attend audio conference that will give you a roadmap through the rules for the two biggest IRS Notices affecting Accounts Payable:

• Notice CP-2100, the IRS “B-Notice”
• Notice 972-CG, the IRS Proposed Penalty Notice

In 90-minutes, you’ll learn:

• What a B-Notice is
• The internal research steps you must take for a B-Notice
• The deadlines for B-Notice actions
• Where to find IRS language for B-Notice letters you must send to payees
• What a Proposed Penalty Notice means
• Where to find IRS rules to justify penalty waivers
• How B-Notices and Proposed Penalty Notices interrelate, and how to use this to your advantage
• Operational best practices that can minimize the number of these Notices you receive, and the amount of time it takes to process and reply to them

PLUS - We will include copies of the IRS Regulations governing these Notices, so you’ll have chapter and verse for ready reference in your office.

Featured Faculty

Marianne Couch
Research Director, Balance Consulting
Marianne Couch is Director of Research at Balance Consulting and a frequent member of the faculty of educational programs offered by Balance and The National Association of Form 1099 Filers. She is the author of numerous articles on tax information reporting and has presented frequently on tax compliance issues. Marianne assists Balance clients with compliance training and compliance self-audit, serving major corporations, the insurance industry, and colleges and universities. She is also a member of the IRS Commissioner’s Information Reporting Program Advisory Committee (IRPAC).