Audio Conferences

  September 12, 2007 at 02:00PM ET

Form 1099 reporting continues to be a labor-intensive headache for AP departments everywhere. The complicated, confusing reporting requirements, and threat of steep fines by the IRS have some AP departments already bracing for year-end reporting crises and panic attacks!

And, Congress’ continued efforts to reduce the tax gap is just one example of how the year-end reporting process has, and will continue to grow more difficult each year—further stressing AP departments, many of whom are already stretched thin.

Take the time now to invest in some real training! Join IOMA and 1099 expert Marianne Couch for a step-by-step review of the basic Form 1099 reporting requirements. This comprehensive program will address which payments you must make sure you are capturing for year-end reporting, how to identify all your reportable (and exempt!) payees, and how to make certain you have the correct documentation on file for them. We’ll also explore potential reporting changes being considered by Congress and the IRS.

If you prepare 1099s, you cannot afford to miss this program!

DIAL IN & LEARN:

• Whether you must always have a Form W-9 on file for every payee
• What "red flags" to look for to identify foreign payees
• The different rules that apply to U.S. payees and non-U.S. payees
• Which corporate payees are subject to reporting
• How to deal with LLCs
• How the IRS matches the names and TINs you provide on the Form 1099
• Which types of payments are reportable on the Form 1099-MISC
• The status of the reporting regulations for deferred compensation
• The new changes for required withholding for payments to federal payees
• Whether back-up withholding is likely to become mandatory for all reportable payments
• If the corporate exemption might be eliminated altogether
• Whether certified TINs might be required from all reportable payees

Featured Faculty:

Marianne Couch, Esq.
COKALA Tax Information Reporting Solutions, LLC

Marianne Couch, Esq. is a nationally known advisor and author on U.S. federal and state tax information reporting compliance.She served for many years as Research Director of Balance Consulting, and chaired special training and advisory services provided to large corporations and colleges and universities. Prior to joining Balance Consulting, her professional experience was with a large regional law firm. Marianne is a current member of the IRS Information Reporting Program Advisory Committee, and serves as Chair of the IRPAC Subcommittee on Small Business and Self-Employed (SBSE) tax issues. She is a frequent lecturer at nationwide professional conferences, and author of numerous articles on tax reporting law and procedure.