1099 and W-9 Update and Best Practices - NASBA & HRCI CPE 1.5 Credits

  • Speaker:Miles Hutchinson
  • Duration:90Min
  • Product Code:GRC-90193

HRCI Credits: 1.5

hrci_logo

Live Session - How it works

  • Username and Password will be sent to you within 24 hours prior to the webinar.
  • Presentation handouts in pdf format will be emailed to along with the login instructions or few hours before the meeting starts.
  • Login to the session by clicking on “Join the Meeting” in the login instructions and then dial the number to connect to the meeting audio or use your Computer to connect to audio. Please use the name and the email address you used at the time of registration to join the meeting.
  • Get answer to your queries through interactive Q&A sessions. The Q and A sessions are at the end of the meeting. The expert will complete his/ her presentation and then the phone lines will be open for the audience to discuss your questions.
  • Please let us know your thoughts and views at the end of webinar, your valuable feedback will help us improve our Training programs.
  • Certificate of attendance is emailed to you within 6 working days from the date the webinar was completed. If you don’t receive an email within 6 days. Please email our support@grcts.com

Recorded Session - How it works

  • Login Information with Password to view the webinar will be emailed to you within 48 hours from the date the Live webinar was completed. The link to the recording is for a single person use only and it is valid for 6 months or the actual duration the recording was purchased.
  • Please click on the link to access the Recording and type in the password provided in the email.
  • Presentation and other handouts will be emailed to you in a pdf format.

Training CD - How it works

  • Free shipment within 2 working days, from the date the webinar was completed. The presentation and other handouts will be emailed to you in a pdf format if we are unable to attach them in the CD or USB.

(For more information about our products contact +1- 248-233-2049)

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. You can access the recording of the webinar for 6 months. Contact our support for any clarifications. 

NASBA CPE: 1.5

Delivery Method: Group Internet Based, Field of Study: Accounting and Taxes, Level: Intermediate, Prerequisites: None, Advanced Preparations - None.

Description:

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.  This time consuming reporting obligation can be streamlined in a number of ways.  Join us to learn more…

Why Should You Attend:
What are the rules regarding paying and IRS reporting on Independent Contractors?  How do I avoid the IRS CP-2100 (B-Notices)? What if my vendor claims exemption; must I obtain a W-9 anyway?  What are the best practices? How can I minimize risk of improper exemption claims by my vendors? Get the answers to these and related questions to reduce your risk of huge penalties from the IRS.
Learn the rules requiring W-9 documentation and 1099 reporting.  Learn how to establish the independent contractor relationship with the right documentation. Understand the rules and keep your company in compliance.  Ensure that your records will stand the scrutiny of an IRS 3rd Party Documentation and Reporting audit.  Avoid the onerous penalties for noncompliance and build the best defense against the 972-CG Notice of Proposed Penalty Letter.

Areas Covered in the Seminar:
In just ninety minutes you will gain the following insights:

  • 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)
  • Forms to use to document your independent contractor as reportable or non-reportable
  • Required governmental reporting on ICs
  • Form 1099-Misc – guidelines for proper use and classification of diverse payments on this form
  • Best practices for filing 1099s with the IRS – TIP: never file early!
  • The government wants to remove the exemptions – what this means to you

Who Will Benefit:
  • Bank Managers
  • Compliance Officers
  • Information Reporting Officers
  • Tax Managers
  • CFOs
  • Controllers
  • Accounting Managers
  • Auditors
  • IT Managers
  • Compliance Managers
  • Risk Managers

Topic Background:
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. This time consuming reporting obligation can be streamlined in a number of ways. Join us to learn more

Instructor Profile:
By Miles Hutchinson, CGMA
President
Sales Tax Advisors, Inc.
Miles Hutchinson 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 2,000 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. He is recognized as an expert in payroll and sales & use tax as well as financial modeling & analysis, business strategy and communications. He is the author of several useful accounting and tax tools. His clients include, Abbott Labs, Bank of America, Boston Scientific, Citicorp, Corning, the FBI, the FDA, the Federal Reserve, GE, Pfizer, Siemens, US Marine Corps, and the US Army. Please visit his web sites to see how you can further benefit from his expertise.

GRCTS 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 web site: www.nasbaregistry.org 

Available Options

Recording: 6 Months Access to the Training which can be accessed from any location

$269

CD-DVD: Shipped within 2 working days

$389

USB - Shipped within 2 working days

$409

5 Member Group: 5 people can Attend the Live Online Meeting from any location globally

$2,459

10 Member Group: 10 people can Attend the Live Online Meeting from any location globally

$4,349

Related Products

TIN Matching & B Notices - How to minimize the paperwork from complaints on IRS information returns | NASBA CPE 1.5

TIN Matching & B Notices - How to minimize the paperwork from complaints on IRS information returns | NASBA CPE 1.5

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. You can access the recording of the webinar for 6 months. Contact our support for any clarifications. NASBAGroup Internet Based | 1.5 (1CPE for 50 minutes) | Accounts - 1CPE / Taxes - .5CPE (1.5 CPE) | Intermediate | Prerequisites - None| No advance preparation.Description: This webinar will help you reduce the risk of being out of compliance with your Form 1099 reporting requirements with the I..

$259

Financial Modeling with Excel Tools or Dashboard Reporting and Balanced Scorecards |  NASBA CPE - 1.5

Financial Modeling with Excel Tools or Dashboard Reporting and Balanced Scorecards | NASBA CPE - 1.5

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the recording of the webinar for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com. CertificationsNASBA CPE Certification - 1.5 CPEGroup Internet Based | 1.5 (1 CPE for 50 minutes) | Computer Software & App - 1.5CPE (1.5 CPE) | Specialized Knowledge - 1.5CPE (1.5 CPE) | Intermediate | Prerequisites - None|..

$249

Sales & Use Tax Compliance - NASBA and HRCI - 1.5 (CPE)

Sales & Use Tax Compliance - NASBA and HRCI - 1.5 (CPE)

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the recording of the webinar for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com. NASBA CPE: 1.5Group Internet Based | 1.5 (1 CPE for 50 minutes) | Taxes (1.5 CPE) | Intermediate Level | Prerequisites - None | No advance preparationDescription:  Sales tax? Use tax? What’s the difference?  Must I charge ..

$259

W-2s vs. 1099s—Who Should be an Independent Contractor - HRCI and SHRM 1.5 CPE

W-2s vs. 1099s—Who Should be an Independent Contractor - HRCI and SHRM 1.5 CPE

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the recording of the webinar for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com.SHRM PDCs - 1.5GRCTS is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for [1.5] PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or..

$259

California Wage and Hour Compliance - HRCI CPE - 1.5

California Wage and Hour Compliance - HRCI CPE - 1.5

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the recording of the webinar for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com. HRCI CPE - 1.5HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recer..

$269

Calculating Overtime: How to Get it Right Every Time - HRCI - 1.5

Calculating Overtime: How to Get it Right Every Time - HRCI - 1.5

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. You can access the recording of the webinar for 6 months. Contact our support for any clarifications. HRCI CPE - 1.5HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recertification application form. For more information about certific..

$279

Complying with Garnishment Orders - HRCI and SHRM credits 1.5

Complying with Garnishment Orders - HRCI and SHRM credits 1.5

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. You can access the recording of the webinar for 6 months. Contact our support for any clarifications.NASBA CPE: 1.5Delivery Method: Group Internet Based, Field of Study: Accounting and Taxes, Level: Beginning and Intermediate, Prerequisites: None, Advanced Preparations - None.SHRM PDCs - 1.5GRCTS is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCP..

$249

How to Analyze Financial Statements - HRCI CPE 1.5 & NASBA - 1.5 CPE

How to Analyze Financial Statements - HRCI CPE 1.5 & NASBA - 1.5 CPE

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the recording of the webinar for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com. NASBA CPE: 1.5Delivery Method: Group Internet Based, Field of Study: Finance and Accounting, Level: Basic, Intermediate, Prerequisites: None, Advanced Preparations - None.HRCI CPE - 1.5HR (General) recertification credit hours ..

$279

Roles and Responsibilities of a Successful Controller (2 parts) - NASBA Accounting CPE - 4.5

Roles and Responsibilities of a Successful Controller (2 parts) - NASBA Accounting CPE - 4.5

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the recording of the webinar for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com. NASBAGroup Internet Based | 4.5 (1 CPE for 50 minutes) | Accounting - 1.5CPE (1.5 CPE) | Intermediate | Prerequisites - None| No advance preparation.Topic Background:  Ever wonder what it would be like to take on the controller..

$569

FMLA and ADA Compliance

FMLA and ADA Compliance

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the recording of the webinar for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com. HRCI CPE - 1.5HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recer..

$269

Handling Taxation of Multistate Employees

Handling Taxation of Multistate Employees

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the recording of the webinar for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com.HRCI CPE - 1.5HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recertifica..

$279

Complying with FATCA – The Foreign Accounts Tax Compliance Act - NASBA CPE - 1.5

Complying with FATCA – The Foreign Accounts Tax Compliance Act - NASBA CPE - 1.5

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the recording of the webinar for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com.NASBAGroup Internet Based | 1.5 (1 CPE for 50 minutes) | Accounting - 1.5CPE (1.5 CPE) | Finance- 1.5CPE (1.5 CPE) | Intermediate | Prerequisites - None| No advance preparation.Background: FATCA was enacted by Congress in 2010 a..

$269

The New Tax Law 2018 - NASBA CPE - 1.5

The New Tax Law 2018 - NASBA CPE - 1.5

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the recording of the webinar for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com.NASBAGroup Internet Based | 1.5 (1 CPE for 50 minutes) | Accounting - 1.5CPE (1.5 CPE) | Finance- 1.5CPE (1.5 CPE) | Intermediate | Prerequisites - None| No advance preparation.Description:The new tax reform has broad implications an..

$269

Correcting IRS Forms 940, 941, 944, W-2c, W-3c, Due Dates, Filing - HRCI & SHRM Certificates

Correcting IRS Forms 940, 941, 944, W-2c, W-3c, Due Dates, Filing - HRCI & SHRM Certificates

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the recording of the webinar for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com. HRCI CPE - 1.5HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recer..

$2749

Internet Sales Tax Issues-Wayfair - NASBA CPE Tax 1.5

Internet Sales Tax Issues-Wayfair - NASBA CPE Tax 1.5

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the recording of the webinar for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com. NASBA CPE: 1.5Delivery Method: Group Internet Based, Field of Study: Tax, Level: Intermediate, Prerequisites: None, Advanced Preparations - None.Hot Issues in Multi-State Nexus & Internet Sales Tax-highlighting the SCOTUS W..

$4659

Working with H1B Sponsored Employees? Are you Complying With New Immigration Regulations? - SHRM and HRCI - 1.5

Working with H1B Sponsored Employees? Are you Complying With New Immigration Regulations? - SHRM and HRCI - 1.5

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the Recording of the Training for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com. CertificationsSHRM PDCs - 1.5GRCTS is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for [1.5] PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information a..

$259

Wage and Hour Best Practices! Add to Your Strategic Risk Management Strategy and Reduce Risk!

Wage and Hour Best Practices! Add to Your Strategic Risk Management Strategy and Reduce Risk!

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the Recording of the Training for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com. Certifications:SHRM PDCs - 1.5GRCTS is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for [1.5] PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information ..

$809

Taxes Withholding, Depositing and Reporting Federal Taxes - HRCI and SHRM Certificates

Taxes Withholding, Depositing and Reporting Federal Taxes - HRCI and SHRM Certificates

This topic is available for On Site/ Corporate TrainingCertifications: SHRM PDCs - 1.5GRCTS is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for [1.5] PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.HRCI CPE - 1.5HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertificatio..

$1249