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Form 1099-MISC Update 2018: Due Diligence Steps to Avoid Penalties

Compliance Key INC  - Bank webinars Overview This webinar will cover the latest updates for Form 1099-MISC, specific reporting requirements for various types of payments and payees, filing requirements, withholding requirements and reporting guidelines. It will also cover important filing due dates. the safe harbour requirements for de minimis dollar amount errors, and the due diligence steps that establish the reasonable cause exception to proposed penalties. Why should you attend this webinar? The regulatory landscape for Form 1099 compliance keeps shifting as Congress attempts to balance jobs growth with narrowing the tax gap and the IRS attempts to address fraud and identity theft issues involving information returns including 1099 Forms. Over the past decade a number of changes were written into the law and regulations. While some changes have been implemented and others have been repealed, all of them created compliance challenges for businesses...