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Responding to B-Notices & TIN Verification: Avoiding Costly Mistakes

On-Demand Recording

AP departments dealing with the headache of B-notices and TIN violations know all-too-well the large costs that can occur if they're not handled properly. In this 120-minute IRS compliance program we'll give you TIN matching system best-practices that help you prevent 1099 reporting errors. We'll also show you how to avoid costly fines and penalties by effectively handling B-Notices. Join us to learn:
  • Keys for TIN Verification: Guidelines for accurate IRS registration
  • Protocols for handling and responding to B-notices
  • Methods to perform electronic Name/Taxpayer Identification Number matching
  • How to prevent costly mistakes & avoid fines from the IRS
  • Difference between 1st & 2nd B-Notices: What's the required response

TIN Compliance Essentials: Keys to Prevent Errors & B-Notices

  • What is TIN matching and why is it so important?
  • Critical guidelines on registering for the IRS TIN matching system
  • Stay in compliance: Common TIN errors you need to avoid
  • Ensuring your Form W-9 compliance process is solid
  • Guidelines for managing 1099 reporting requirements
  • Handling vendors that report incorrect information on W-4's

What to Do After Receiving a B-Notice: How to Protect Yourself

  • B-notice deadlines: Avoid penalties & backup withholding exposure
  • What you can do to negotiate a reduction or eliminate the penalty
  • Leveraging the Reasonable Cause Regulations
  • Errors that cause B-notices: Tips to avoid future penalties

Live Q&A Session - Have your specific B-notice & TIN questions answered!

Program Benefits

Join us for this 120-minute webinar to discover how to ensure B-Notice and TIN compliance and avoid being penalized by the IRS.

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HRCI CREDITS

This program has been approved for 1 (HR (General)) recertification credit hour toward aPHRTM, aPHRiTM, PHR®, PHRca®, SPHR®, GPHR®, PHRiTM and SPHRiTM recertification through the HR Certification Institute. Learn more at hrci.org

NASBA CREDITS

Credit Hours:

2

Field of Study:

Taxes

Program Level:

Basic Knowledge

Prerequisites:

None

Advance Prep:

None

Delivery Method:

Group Internet Based

Progressive Business Conferences is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org

SHRM CREDITS

HRMorning is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP® or SHRM-SCP®. This program is valid for 2 PDCs for the SHRM-CP® or SHRM-SCP®. For more information about certification or recertification, please visit www.shrmcertification.org.