The average cost of a Notice of Proposed Penalty is estimated at $150,000 including the penalty itself and the added costs for consultants, personnel, remediation of legacy records, etc. Compliance is far less expensive than the alternative.

  • Are you in compliance with the regulations surrounding data collection, backup withholding and information reporting?
  • How do you determine whether you can accept a W-9 from someone or if you must request a W-8 instead?
  • What if you send them a 1099 when you should have sent them a Form 1042-S?
  • How will you deal with an IRS demand for the backup withholding you failed to deduct from a Nonresident Alien’s (NRA’s) payments?

This two-day seminar, taking place in Dallas, Texas, will focus on addressing these issues and many more compliance and regulatory issues pertaining to IRS forms 1099 and 1042-S. It will also address compliance with Title 26, CFR 1402(b) & (c), employee v. independent contractor distinction, and 1441 (withholding of tax on nonresident aliens and foreign corporations) mandates.

After completing this course, participants will:

  • Be well versed in the information reporting process
  • Be able to reduce the amount of time and resources necessary to handle the company’s information reporting mandate
  • Improve the accuracy of their regulatory reporting process
  • Be able to help reduce the company’s potential exposure to penalties for noncompliance
  • And much more…

Speaker: Miles Hutchinson, CGMA, President of Sales Tax Advisors, Inc.
Location: Dallas, TX | September 7-8, 2017

Download the brochure for more information on the course!

Please fill in the form below to download the brochure.

By downloading the brochure you agree to share your details with Compliance Online.

@banking
techno