Conference Info
- IndustryHuman Resources
- Unique IDUSC2026347
- Duration100 Minutes
- DateApr 17,2026
- Time10:00 AM PDT | 01:00 PM EDT
Description
Overview
Issuers of 1099 Forms must adopt best practices and procedures that streamline both the filing and post-filing process while ensuring accuracy and compliance. Particular attention must be paid to vendor names and taxpayer identification numbers (TINs), as errors in these fields are never considered inconsequential under de minimis error rules. Even minor discrepancies in payee name or TIN information can trigger IRS penalties and unnecessary administrative burdens. Establishing clear internal controls and verification processes is essential to mitigating risk and maintaining reporting accuracy.
This webinar will provide a comprehensive review of proven methodologies designed to reduce errors and avoid penalties. Topics include effective TIN solicitation and verification procedures, timely and appropriate responses to IRS notices, and required steps for issuing and following up on B-Notice letters. Attendees will gain clarity on when and how to implement and discontinue backup withholding, as well as how to manage situations in which vendors fail to provide a TIN or submit incorrect information.
The program will also examine the solicitation process in detail, including the proper use and analysis of Form W-9, annual solicitations, and B-Notices issued in response to IRS notifications. Participants will learn how to register for and utilize the IRS TIN verification service, understand how the system matches names and TINs, and prevent false positive or negative responses. In addition, the webinar will address procedures for submitting TINs for verification, handling mismatches identified by the system, and responding to IRS notifications of proposed penalties for incorrect information returns.
Your Benefits For Attending:
- Discover best practices and procedures that smooth the filing and post-filing process
- Learn how to process corrections accurately and efficiently
- Streamline filing processes to avoid negative interactions with the IRS
- Discover how to leverage Form W-9 to reduce TIN errors
- Learn how to process a B-Notice effectively and maintain compliance
- Gain practical backup withholding strategies for 2026
Attending this webinar will equip you with actionable procedures and compliance-focused strategies to reduce penalties, strengthen internal controls, and confidently manage your organization’s 1099 reporting obligations.
Steven Mercatante