Improve Your IRS Compliance – Use Best Practices for TIN Solicitation
Duration : 75 Minutes
Craig Taggart,
Craig Taggart has years of experience in the fields of mergers and acquisitions and business financing. Mr. Taggart works strategically with his clients to achieve the highest value for their business within the capital markets. His experience with BCC Capital Partners in the M&A industry has Read more
This IRS regulatory compliance training will explain the Best TIN Solicitation Best Practices. While TIN solicitation might sound too lascivious for the legitimate business world, it is critical that every organization take this task seriously. For if they don’t, a very uncomfortable and costly audit with the IRS is likely to ensue.
Course Objectives:
If you’ve heard that the IRS budget is likely to be cut and think that means good news for your organization when it comes to audits, think again. The indications are that enforcements in relation to information reporting errors will be up. This is nothing to worry about as long as your organization is doing what it is supposed to be doing when it comes to reporting income paid on Forms 1099. Now, more than ever it is important that you utilize best practices with regards to collecting and reporting taxpayer identification numbers and income as required. In this newly-created program you will learn exactly what you should be doing to comply with IRS regulations.
Course Outline:
• Identify all required TIN information you need to collect
• Design a best-practice TIN solicitation process
• Recognize outdated TIN collection practices
• Determine who should sign up for IRS TIN Matching in your organization
• Incorporate appropriate TIN solicitation practices into your new vendor operations
• Identify those situations when you should require a new W-9
What You Get:
• Training Materials
• Live Q&A Session with the Speaker
• Participation Certificate
• Access to Signup Community (Optional)
• Reward Points
Who Will Benefit:
• Accounts payable manager
• Accounts payable director
• Accounts payable supervisor
• Accounting manager
• Controller
• Assistant controller
• Accounts payable associate
• Accountant
• Accounting manager
• Disbursements manager
• Assistant accounts payable manager
• Information Reporting (tax) professionals
• Tax reporting manager
Please reach us at 1-888-844-8963 for any further assistance or if you wish to register
100% MONEY BACK GUARANTEED
Refund / Cancellation policyGet In Touch
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