W-9s and 1099s
Overview:
For years the IRS has struggled with the independent contractor and tax collection. In assessing opportunities to close the tax gap (taxes due but not reported or paid), one of the greatest opportunities comes from expanding the information reporting on taxpayers by payors - the 1099.
Areas Covered in the Session:
- Starter Question: How can we best set up an independent contractor in our vendor payment system to ensure compliance with the IRS reporting rules?
- Protocols for setting up new vendors (ICs)
- When to require a Form W-9
- How to test the accuracy of the W-9 information with the IRS's records - for free!
- Who and what you pay determines whether you must report (1099 reporting)
Contact Info :
Compliance Key
https://www.compliancekey.us/
Email : support@compliancekey.us
Phone : +1 717-208-8666
Speaker and Presenter Information
Miles Hutchinson is a keynote speaker of ComplianceKey. He is a CGMA and experienced businessman. He has been an auditor with PriceWaterhouseCoopers and the Chief Financial Officer of a $1 billion real estate development company. Miles is a professional speaker and consultant who has presented over 2,700 seminars and training sessions on a myriad of business and financial topics, like financial analysis and modeling, accounting, strategic planning, and compliance with the Sarbanes-Oxley Act.
Relevant Government Agencies
W-9s and 1099s
Event Type
Virtual
This event has no exhibitor/sponsor opportunities
When
Thu, Aug 6, 2020, 1:00pm - 2:45pm
ET
Website
Click here to visit event website
Organizer
Compliance Key
