Improve Your IRS Compliance: Use Best Practices for TIN Solicitation

This IRS regulatory compliance training will explain the Best TIN Solicitation Best Practices. While TIN solicitation might sound too lascivious for the legitimate business world, it is critical that every organization take this task seriously. For if they don't, a very uncomfortable and costly audit with the IRS is likely to ensue.

Why Should You Attend:

If you've heard that the IRS budget is likely to be cut and think that means good news for your organization when it comes to audits, think again. The indications are that enforcements in relation to information reporting errors will be up. This is nothing to worry about as long as your organization is doing what it is supposed to be doing when it comes to reporting income paid on Forms 1099. Now, more than ever it is important that you utilize best practices with regards to collecting and reporting taxpayer identification numbers and income as required. In this newly-created program you will learn exactly what you should be doing to comply with IRS regulations.

Areas Covered in the Webinar:

After this session you will be able to:

• Identify all required TIN information you need to collect
• Design a best-practice TIN solicitation process
• Recognize outdated TIN collection practices
• Determine who should sign up for IRS TIN Matching in your organization
• Incorporate appropriate TIN solicitation practices into your new vendor operations
• Identify those situations when you should require a new W-9

Who Will Benefit:

• Accounts payable manager
• Accounts payable director
• Accounts payable supervisor
• Accounting manager
• Controller
• Assistant controller
• Accounts payable associate
• Accountant
• Accounting manager
• Disbursements manager
• Assistant accounts payable manager
• Information Reporting (tax) professionals
• Tax reporting manager

Mary Schaeffer
Accounts Payable Best Practice Trainer, Writer/Content Creator, Consultant and Program Developer

Mary S. Schaeffer, a nationally-recognized account payable expert, is the author of 18 business books, a monthly newsletter, and a free bi-weekly e-zine, as well as several CPE courses for CPAs. She runs AP Now, a boutique publishing and consulting firm focused on accounts payable issues. She also serves as the Education Director for the Institute of Financial Operations. Before turning to writing and consulting she worked in the corporate world as an Assistant Treasurer for the Equitable Life Assurance Society, a Financial Risk Manager for O&Y and a Corporate Cash Manager for Continental Grain. A frequent and popular speaker at both live and online events, she has an MBA in Finance and a BS in Mathematics.

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