TIN Verification, B-Notices, and Backup Withholding: Best Practices
Chuck Borek
From: Aug 20, 2025 - To: Dec 31, 2025
From: Aug 20, 2025 - To: Dec 31, 2025
Recorded Webinar
Description
Issuers of 1099 Forms can significantly reduce risk and streamline year-end reporting by implementing key best practices and procedural safeguards. This informative webinar will guide participants through effective strategies to ensure accuracy in vendor names and Taxpayer Identification Numbers (TINs), crucial components of 1099 compliance. While recent changes to de minimis error rules allow for some leniency in dollar amount discrepancies, inaccuracies in payee names or TINs are never considered minor and can lead to costly IRS penalties.
This session will provide a comprehensive overview of essential practices such as TIN solicitation and verification, handling of IRS notices, proper issuance of B-Notices, and management of backup withholding requirements. Attendees will gain a clear understanding of how to analyze Form W-9, respond to IRS mismatches, and implement internal controls to prevent reporting errors. Additionally, participants will learn how to navigate the IRS TIN matching system, from registration to submission and follow-up procedures for mismatched records.
Areas Covered:-
- Reminders and what’s new
- IRS matching process
- Penalties
- Establishing reasonable cause
- Solicitations
- TIN verification
- Notices
- Backup withholding
Why Should You Attend?
- Understand the latest updates and reminders affecting 1099 reporting.
- Learn how to effectively use the IRS matching process to ensure compliance.
- Identify and avoid common errors that can lead to penalties.
- Establish procedures to demonstrate reasonable cause and mitigate risk.
- Gain insights into proper TIN solicitation and verification processes.
- Learn how to manage IRS notices and backup withholding requirements.
This webinar is a must-attend for professionals seeking to enhance their compliance protocols and reduce their organization’s exposure to penalties. You'll walk away with actionable knowledge to safeguard your 1099 processes.
Who Should Attend?
This session is ideal for accounting professionals, compliance officers, tax preparers, and anyone involved in year-end 1099 processing and vendor management.
Training Options
* Or more than 6 attendee call us at +1 (855) 437-0705 or mail us at cs@ineducator.com
* For Cheque and ACH payment call us at +1 (855) 437-0705 or mail us at cs@ineducator.com
* Click to download the Order Form
