CP 2100 Letter and B-Notices

OVERVIEW

Effectively handling CP-2100 letters and sending out B Notices helps a business stay in compliance and avoid penalties. 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.

WHY SHOULD YOU ATTEND?

CP-2100 letters can be a hassle for any business that issues 1099s. Attend the webinar to learn 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?

LEARNING OBJECTIVES

To analyze what is a CP-2100 letter.
To investigate how to use "B Notices".
To explain the concept of backup withholding
To analyze what is a Form W-9.
To inspect how to use the IRS's TIN Matching Program.

AREAS COVERED

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

WHO WILL BENEFIT?

Accountants
Accounting Firm, Tax Firm
Bookkeepers & Accountants & Tax Preparers
California Registered Tax Professional
CPA (Industry), CPA - Mid Size Firm, CPA - Small Firm
Maryland Tax Preparers, Oregon Tax Preparers
Tax Attorney, Tax Director (Industry)
Tax Practitioners, Tax Preparer, Tax Professionals
Young CPA, Office managers
Human resources professionals, compliance professionals

Purchase options

Option	Price
Recorded Link Only	$199
Recorded USB Only	$299
Corporate Recording (Upto 10 Attendees)	$499

*Training USB will be shipped within 7-10 working days. *Buy Now Pay Later option is available in the payment cart page.
*In case you're unable to attend the live session, we'll make sure you receive the recording promptly.

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Email: [email protected]

Call: +1-855-202-3299

Jason Dinesen

Tax Expert

About speaker

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.