HR & Payroll

Overview:

CP-2100 letters come to your business from the IRS. These letters notify you that the social security number you put on a 1099 doesn’t match what’s in the IRS’s system. For example, the social security number of a contractor. When your business receives such a letter, you must take action by sending a “B Notice” to the other party. This webinar will discuss how you can take steps to avoid CP-2100 letters to begin with, through the IRS’s “TIN Matching” program and proper usage of the Form W-9. We’ll cover more about B Notices in this program, and cover backup withholding.

Session Highlight:

·       What are CP-2100 Letters

·       Sending out B Notices

·       Dealing with backup withholding

·       Avoiding CP-2100 Letters altogether

·       TIN Matching

·       Form W-9

·       Another way out of CP-2100: do you really need to issue a 1099 at all?

·       Bonus content as time allows, relating to contractor vs. employee

Benefits For Attending:

CP-2100 letters can be a hassle for any business that issues 1099s. This webinar will cover how to respond to CP-2100 letters, and how to possibly avoid them in the first place. As time allows, we will also delve into employee vs. contractor — is that “contractor” really an employee?

Who Should Attend:

·       Business Owners

·       Senior Management

·       CFO & Controllers

·       CPA’s & EA’s

·       Human Resources professionals

·       Payroll Professionals

·       Compliance Professionals

·       Accountants

·       Bookkeepers

·       Tax Professionals

·       Auditors

·       Office Managers

·       Managers & Supervisors

Ask your question directly from our expert during the Q&A session following the live event.