Webinars

  April 7, 2009 at 02:00PM ET

Are you correctly identifying and capturing all the necessary data for all of your Form 1099 reportable payments? Do you know when—and with what documentation—you can exempt some payments from reporting?

Do you have procedures and systems to correctly apply both necessary tests for reportability—first as to the type of payee, and second as to the type of payment?

Take part in this lively webinar with well-known Form 1099 compliance advisor Marianne Couch and learn the rules and interpretations necessary to keep your vendor and payment records on track throughout 2009 in order to eliminate errors and reduce confusion at year end.

Register today for this interactive webinar and in just 90 minutes, you will learn:

• How to identify reportable payments
• What to do with a payment that’s for both goods and services
• Whether to include reimbursed expenses on a 1099
• How to determine when rent payments are reportable and when they aren’t rent at all
• Which royalty payments are reported in the "Royalty" box and which are reported elsewhere
• How to determine when you’re paying a royalty – on software, for example – versus simply purchasing a product
• What goes in box 3 as "Other Income"
• When a prize or award isn’t really a prize or award at all, but must be reported as compensation in Box 7 or on Form W-2.

We’ll also cover Form 1099 corrections—when you must correct a 1099 you’ve already filed with the IRS; IRS procedures for filing corrections; and when you should say "No" to a payee’s request to change a 1099.

Plus, get answers to your questions in the Q&A session following the presentation.

FEATURED FACULTY

Marianne Couch, JD
Principal, Cokala Tax Information Reporting Solutions, LLC

Marianne Couch, JD, of the Cokala Tax Group, is an advisor on U.S. federal and state tax information reporting compliance. She is a frequent lecturer at major tax conferences and the author of numerous published articles. She served for many years as Research Director of Balance Consulting, and chaired special training and advisory services provided to large organizations and academic and nonprofit institutions. She was previously the executive director of the National Association of Form 1099 Filers, Inc., and a member of the IRS Information Reporting Program Advisory Committee (IRPAC), where she served as Chair of the IRPAC Subcommittee on Small Business and Self-Employed (SBSE) tax issues. In this capacity, she testified annually before the IRS Commissioner on issues of concern to the information reporting community. Marianne formerly served as a Research Attorney for the Michigan Court of Appeals.

Register today! Unable to attend? Order the CD now!