In this new tax compliance workshop, you will get answers to your complex Form 1099 questions
and learn detailed, yet very practical, information on applying regulatory requirements for:
- State and local requirements for tax reporting, including state equivalents for Forms 1099, plus
requirements to report new independent contractors and withhold tax in some instances
- Disregarded entities -- how this regulatory concept works, and how to track the beneficial owner of
income through the correct documentation to identify the person or entity that must be reported on a
Form 1099 when you have situations such as an LLC owned by one or more individuals, an LLC
owned by another business entity, or when your payee is a sole proprietor, or is using a DBA name
- P-card payments and the Form 1099-MISC reporting requirements -- what the IRS actually
requires for 2009 reporting of payments made with your organization's purchasing cards, travel &
entertainment cards, credit cards or debit cards, and what the anticipated impact will be from new
tax law and regulations
- Your tax information reporting requirements beyond the 1099-MISC, such as Forms 1099-INT,
1099-S, and 1099-C
- Legal settlements, payments to claimants for various types of damages, and payments to
attorneys and law firms -- what is reportable, what is exempt from being reported, and whether to
report the attorney or the claimant or both depending on specific facts and circumstances
- A unified understanding of the relationship among three very important sets of federal tax
regulations: backup withholding of tax from payments you make; the IRS B Notice process and
what it specifically requires you to do; and the IRS penalty regime for errors and failures in Form
1099 tax compliance.
Learning Objectives:
- Document the indentity of payees for tax compliance purposes
- Identify payments that require tax information reporting to the IRS or state government
- Apply specialized tax regulatory rules affecting payments for damages and payments to attorneys
and law firms
- Identify payment situations in which federal or state tax regulations require tax to be withheld
and learn detailed, yet very practical, information on applying regulatory requirements for:
- State and local requirements for tax reporting, including state equivalents for Forms 1099, plus
requirements to report new independent contractors and withhold tax in some instances
- Disregarded entities -- how this regulatory concept works, and how to track the beneficial owner of
income through the correct documentation to identify the person or entity that must be reported on a
Form 1099 when you have situations such as an LLC owned by one or more individuals, an LLC
owned by another business entity, or when your payee is a sole proprietor, or is using a DBA name
- P-card payments and the Form 1099-MISC reporting requirements -- what the IRS actually
requires for 2009 reporting of payments made with your organization's purchasing cards, travel &
entertainment cards, credit cards or debit cards, and what the anticipated impact will be from new
tax law and regulations
- Your tax information reporting requirements beyond the 1099-MISC, such as Forms 1099-INT,
1099-S, and 1099-C
- Legal settlements, payments to claimants for various types of damages, and payments to
attorneys and law firms -- what is reportable, what is exempt from being reported, and whether to
report the attorney or the claimant or both depending on specific facts and circumstances
- A unified understanding of the relationship among three very important sets of federal tax
regulations: backup withholding of tax from payments you make; the IRS B Notice process and
what it specifically requires you to do; and the IRS penalty regime for errors and failures in Form
1099 tax compliance.
Learning Objectives:
- Document the indentity of payees for tax compliance purposes
- Identify payments that require tax information reporting to the IRS or state government
- Apply specialized tax regulatory rules affecting payments for damages and payments to attorneys
and law firms
- Identify payment situations in which federal or state tax regulations require tax to be withheld
COKALA offers you
practical training in
tax compliance
practical training in
tax compliance
 |  |  |  |
Advanced Form 1099 Tax Compliance Workshop - 1-day class
This course will be available in 2010. Locations and dates will be posted here when
available. If you are interested in an on-site presentation of this course at your
organization, please contact us at 734.629.5155.
Taught by Marianne Couch, JD
This course will be available in 2010. Locations and dates will be posted here when
available. If you are interested in an on-site presentation of this course at your
organization, please contact us at 734.629.5155.
Taught by Marianne Couch, JD
Location information
Register by phone, fax or mail
To register, call Cokala at 734.629.5155, or print registration form and fax it to 734.428.0702 or
mail to the address printed on the form.
$525 standard course fee includes training program, course materials, followup support, and
breakfast and lunch
$450 earlybird fee is a 10% discount, requires 30-day advance registration and payment
This program is presented in a group-live format. Program level is Basic; there is no
prerequisite requirement for this class, and no advance preparation required. Class begins at
8:15 a.m. and ends at 4:00 p.m.
CPE RECOMMENDED CREDITS: 7.5
COKALA Tax Information Reporting Solutions, LLC 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 addressed to the National Registry of CPE
Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417.
Web site: www.nasba.org.
.
Cancellation and refund policies
Privacy policy
Refunds: Requests for refunds must be received in writing at least seven business days prior to
the first day of the program, and are subject to a $50 cancellation fee.
Register by phone, fax or mail
To register, call Cokala at 734.629.5155, or print registration form and fax it to 734.428.0702 or
mail to the address printed on the form.
$525 standard course fee includes training program, course materials, followup support, and
breakfast and lunch
$450 earlybird fee is a 10% discount, requires 30-day advance registration and payment
This program is presented in a group-live format. Program level is Basic; there is no
prerequisite requirement for this class, and no advance preparation required. Class begins at
8:15 a.m. and ends at 4:00 p.m.
CPE RECOMMENDED CREDITS: 7.5
COKALA Tax Information Reporting Solutions, LLC 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 addressed to the National Registry of CPE
Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417.
Web site: www.nasba.org.
.
Cancellation and refund policies
Privacy policy
Refunds: Requests for refunds must be received in writing at least seven business days prior to
the first day of the program, and are subject to a $50 cancellation fee.
| COKALA Tax Information Reporting Solutions, LLC - telephone 734.629.5155 PO Box 2224, Ann Arbor MI 48105-2224 - fax 734.428.0702 |