Recordings

IOMA’s 2007 1099 Box set conveniently combines three of our most popular events—presented by IOMA’s highest-rated expert presenter, Marianne Couch, Esq.

Learn on your own schedule, at your own pace...in the location of your choice. And, unlike attending the live audio conference series, you can share these recordings with your colleagues!

To become a 1099 expert—and avoid year-end headaches and panic attacks—order your box set today!

IOMA's 2007 1099 CD Box Set includes:

1.) Form 1099: What is Reportable, and What New Reporting Obligations Should You Be Prepared For?

This comprehensive program addresses 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. In just 90-minutes, you'll 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

2.) Handling IRS B-Notices – a Key to Form 1099 Penalty Relief

If you receive an IRS B-Notice and fail to respond in the manner and timeframe required, you not only forfeit your right to have the penalty abated, you could face additional fines! This program provides a roadmap for avoiding most TIN penalties. You'll also learn:

• Which TIN errors cause a B-Notice to be issued
• How to guard against B-Notices being lost in the mail shuffle at your company
• When to expect B-Notices
• How B-Notice compliance flows directly into the process of TIN penalty abatement
• The importance of 28% "Backup Withholding"
• The steps for sorting a B-Notice list into non-actionable and actionable payees
• How to prepare and document the "First" and "Second" B-Notice requirements of IRS Regulations
• The alarming cost of ignoring or misplacing B-Notices; completing only some of the steps; or forgetting the strict deadlines for B-Notice actions
• How to insert TIN compliance into the procurement and payment process.

3.) Form 1099 Advanced Skills: Hot Button Compliance Issues for 2007

Take the time now to make sure your 1099 program is compliant. In just 90 minutes, you’ll learn how to obtain the necessary information from vendors and payees to report payments appropriately and protect your organization from liability. Learn how to:

• Screen your forms W-9 and vendor data for indicators of foreign status – and what to do about them
• Determine who has the reporting responsibility when a middleman is involved
• Report a payment when the recipient assigns the income to another payee
• Obtain the information you need to report legal damages payments and payments to attorneys
• Determine which payments from your AP department should be reported on your employee’s Form W-2
• Determine whether states have reporting requirements and how to fulfill them

LIMITED TIME OFFER! Get all three of these top-selling 1099 audio conference CDs for just $495—that’s $100 off the regular price of $595! Your purchase includes the original conference handout, PLUS, the extended Q&A with Marianne Couch!

So what are you waiting for? Order your copy of IOMA’s 1099 CD Box Set TODAY! It’s a small investment that could easily save your company tens of thousands of dollars in staff-hours and fines!