Market Areas > Corporate Finance > B Notices

IRS B-Notices: Accurate Processing and Filing Procedures

Course Description:

How do you a handle a B-Notice? Do you respond exactly how and when the IRS requires? If you don’t, you will lose the ability to have the penalty waived and you could face additional penalties and fines.

A B-Notice doesn’t have to be as complicated as you may think.  CCM and IRSCompliance can guide you through the process to ensure every B-Notice is filed accurately, every time.  From identifying the account(s) subject to the B-Notice to stopping back-up withholdings, you’ll find out how to comply with current regulations and, you’ll learn how to:

• Correctly handle, process, and file the B-Notice
• Determine which payees who appear on the notice need not be contacted
• Identify the deadlines for processing the notice
• Determine how many times within a three year period a payee has appeared on a notice
• React when a payee does not respond to your B-Notice solicitations
• Respond to an IRS 972CG Penalty Notice and avoid paying the penalties
• Use your B Notice processing procedures to get the IRS to waive the penalties
• Avoid getting a B-Notice or penalty notice in the future

Featured FAculty:

Lynda Foertschbeck, EVP, IRSCompliance, Inc.

Lynda Foertschbeck, of 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’ experience includes the development and enhancement of many proven tax software and service solutions for 1099, W2, 1042S 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.  

Doug Rogers, Director, IRSCompliance, Inc.

Doug Rogers, IRSCompliance, Inc, is a consultant on federal and state tax information reporting compliance and has supported a number of fortune 500 companies. He has been a lecturer at key tax conferences for a number of years and has had articles relating to tax risk published in both Worth Magazine and on CFO.COM.  Doug retired in 2006 from the IRS where he had served as the Program Director for Penalties & Interest under the stand-up of the new IRS. In that position he was responsible for providing the leadership, guidance, and direction with regards to all aspects of the Penalties & Interest Programs Service-wide. Doug is enrolled agent with the privilege of representing taxpayers, before the Internal Revenue Service without restrictions.

MONEY-BACK GUARANTEE:

We're so confident you'll get what you want out of this conference that we'll refund every penny if you're not completely satisfied. No questions asked! It's 100% risk-free!

Pricing:

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APPROVED FOR RECERTIFICATION CREDIT:

Each CCM event presents a variety of information and is presented for each organization to develop its own approach and methodology.