1099 Reporting Updates: What Your Government Agency Needs to Know in 2014
Live Webinar Recording
Recording Price: $199.00
(Includes Proprietary Materials)
With 2014 coming to an end, 1099 reporting is more complex than ever and the IRS is actively targeting its enforcement measures on public sector. How can you make sure your agency is in compliance with the latest 1099 reporting regulations? Join us in this 90-minute webinar where you and your staff will learn:
1099 government compliance checklist: What & how you need to report
From TIN management to 1099 issuance: How to get the process right
1099-MISC reporting: What payments can you include?
Effective 1099 correcting: What to do when your numbers are off
Latest Government 1099 Reporting Regulations: Don't Be an IRS Target
1099 reporting in the public sector: How & what to file
Withholding & capture of reportable payments: Rules for compliance
Mistakes & omissions: Effective guidelines to avoid liability & fines
What to do with payments for both goods AND services
Reporting, Changes & Deadlines: Keys to Minimize Liability
The 1099 process: From TIN management to 1099 issuance
Top strategies to determine who & what you need to report
1099-MISC reporting & the type of payments to include
Key issues for backup withholding: When to start and when to stop
Prevent Errors & Avoid Penalties: What Your Agency Needs to Do
Common errors on Form 1099: How to spot & correct inaccuracies
B-Notice Penalty provisions: Avoid fines & liability
Payment card rules: How 1099 reporting is affected
Correctly document independent contractor as reportable or non-reportable
Establish "reasonable cause" and avoid penalties on Form 1099
Question and Answer Session - Have your Specific 1099 Questions Answered!
About The Speaker
Patrick Haggerty is an educator, tax consultant, and author. His career includes non-profit organization management, banking, manufacturing accounting, and tax practice. He holds a Master of Science in Accounting and has taught accounting at the college level for nearly three decades.
Pat is an Enrolled Agent (IRS licensed taxpayer representative). He helped develop and teach EA exam review courses for the North Carolina Society of Enrolled Agents.
He regularly develops and presents webinars on a variety of topics including payroll tax issues, FLSA compliance and information return reporting,
He has authored numerous published articles. Since 1998, he has written a monthly question and answer column for payroll newsletters.
He is a sought after speaker for professional associations.
In this comprehensive, 90-minute webinar learn the new mandatory changes for 1099 reporting in the public sector and the guidelines to ensure compliance and avoid increased IRS fines.