Effectively Handling CP-2100 Letters
DateMar 31, 2023
Time13:00 PM EST
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.
· 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
· Tax Professionals
· Office Managers
· Managers & Supervisors
Ask your question
directly from our expert during the Q&A session following the live event.
Jason Dinesen (EA, LPA) is a tax nerd, entrepreneur, tax expert and a well-known presenter of continuing education courses.
Known for his sharp tax interpretations, he is one of the quickest to bring the analysis of the latest tax updates and IRS guidance to the professional community. Jason has coached over 200,000 accounting, tax, and HR professionals on various topics of accounting, individual taxation, corporate taxation, professional ethics and much more.
He has presented over dozens of webinars on Form 1099 (for 10 years on this subject!); marriage in the tax code; tax updates; the new Form W-4, payroll updates, filing status, tax credit and other issues relating to the modern-day household setting.
He also teaches 2 classes at Simpson College, Individual Income Tax and Business Analytics.
Jason always had a knack for radio shows and has and regularly features as an anchor for Radio Iowa.
Jason was born and raised in Iowa and has a degree in corporate communications from Simpson College in Indianola. He has a big family that includes his wife, two sons, 4 cats and 2 dogs. His other hobbies include being a season ticket holder to University of Iowa football.
1.5 HRCI Credit Hours (Approved)