Don't place your organization at risk for costly penalties and possible withholding liabilities that would be associated with failures to properly track and report P-Card and Corporate Card payments! The IRS has increased their focus on enforcing compliance with all regulatory requirements and is currently increasing audits — specifically for compliance with information reporting and withholding regulations. Additionally, Congress has passed several new pieces of legislation and several more are currently in the House of Representatives that specifically impact increasing federal withholding, increasing penalties and increasing requirements for information reporting — all of which increase the financial exposure for regulatory non-compliance. If your organization is not currently in compliance with the regulations, which includes the filing of reportable card payments, you may be chosen for audit under the current IRS enforcement initiative and face huge penalties. Find out how the newly enacted legislation regarding Merchant Electronic Reimbursement Reporting may benefit your regulatory obligations. Two 1099 pros will share best practices for process improvement and show you how to protect your organization from risks of non-compliance.

Earns 1 CEU

Presented by:
John Foertschbeck, IRSCompliance, Inc.
Lynda Foertschbeck, IRSCompliance, Inc.

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Incorporating P-card and Corporate Card Transactions into your existing processes and procedures is a challenge. If P-card payments are deemed to be reportable under IRS regulations, are you properly following reporting obligations on these payments? Do you get a verified Name and TIN for every payment made with a P-card? How can you backup withhold if the payment is already made?

Now you can teach your staff key skills guaranteed to maximize 1099 accuracy and avoid severe penalties — without ever leaving your desk! This 60-minute seminar on CD, presented by two 1099 experts, will help you learn:

• Effective methods, filing requirements and recommendations to improve internal procedures
• How the long-standing Qualified Payment Card Agent (QPCA) program may help you when and if the Card Organizations take the leap to become a QPCA. Is this still a viable option for the Card Organizations?
• Newly enacted legislation for Merchant Card Reimbursement Reporting and how this important legislation may benefit your organization
• What your company can do this year to minimize risk of IRS penalties from improper P-Card processing
• And much, much more!

The IRS is cracking down on 1099 filers and scrutinizing abatement requests that in the past would have been accepted. Proposed legislation in the House of Representatives seeks to increase the penalty for not filing by as much as 5 times the current rate. In just 60 minutes you can have a better understanding of best practices for P-Card reporting that can keep the IRS from calling and assessing costly penalties!

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Pricing:
TAPN member CD- $149
Non-member D- $199

Best offer: Order the entire 1099 Compliance Series on CD for only $499 for TAPN members or $699 for non-members — a savings of more than 50%!

(Please note that there will be a $6.95 charge for Shipping and Handling on CD orders.)

About our expert presenter:

John Foertschbeck, CPA, has more than 20 years experience in providing and managing tax compliance services and consulting related to tax reporting software and associated full services. He has been responsible for the management of consultation and implementation services of tax software for clients (Fortune 500) that present complex business models in the integration and conversion process. Specific experience includes providing service directly to clients for the purposes of managing and maintaining compliance with information reporting requirements for 1099, W-2, 1042-S payments to the IRS, SSA and state agencies. He was also responsible for researching all requirements regarding information reporting and ensuring that the solutions provided were functioning in full compliance. John has a B.S. in Accounting from the University of Maryland.

Formerly, John was with the Tax Controversy Services Group for Deloitte Tax, LLP, managing services to U.S. and international companies for both 1099 and 1042-S regulatory reporting, certification and withholding.

Lynda Foertschbeck, Executive Vice President, IRSCompliance, Inc., has more than 25 years experience as a tax compliance professional in the development of compliance solutions of regulatory consulting services and tax software applications. Prior to joining IRSCompliance Lynda served as Manager in the Tax Controversy Unit at Deloitte Tax, as Vice President and Compliance Product Manager at DISC, Incorporated (now CheckFree) and Director of Compliance Services for Moore, BCS.

Ms. Foertschbeck's experience includes the development and enhancement of many proven tax software and service solutions for 1099, W-2, 1042-S processing and reporting to the IRS, SSA and state agencies. This includes products from: 1099PRO, Convey, FASTTAX, ATSG Inc., MOORE BCS and CheckFree. Specific areas of contribution have included the direction and development of information reporting products and service lines, regulatory compliance support services and strategic business needs analysis.

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7 important benefits of purchasing this webinar:

1. Affordable: You can train your entire staff for one low fee. Gather your team for maximum benefit.
2. Easy: No special equipment needed.
3. Convenient: No travel away from the office...minimal time away from normal duties.
4. Continuing Education Credit: Attendees may receive 1 CEU.
5. Top-notch instructor: Real-world experience and accomplishments.
6. Our Pledge: Your satisfaction.
7. Immediate Payback: You'll learn practical skills you can apply immediately to avoid penalties.

Continuing Education: This webinar on CD by The Accounts Payable Network qualifies for 1 CEU for the IOMA/TAPN Accounts Payable Certification Programs, and 1 CPE credit from NASBA.

The Accounts Payable Network is registered with the National Association of State Boards of Accounting (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have final authority on the acceptance of individual courses for CPE credits. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org.