TIN Matching B-Notes and Fighting Notices of Proposed Penalties
Author: Miles Hutchinson
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2028 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
Learn the best practices for eliminating 1099 error notices from the IRS. Discover the power of the TIN Matching system. Discover the smoothest way to register to use the two step verification process introduced 12/10/17. Learn how to handle the CP-2100 notices from Uncle Sam and avoid the fines & penalties for failure to timely comply with the B-Notice requirements. Understand the difference between 1st and 2nd B-Notice and the related differences in required vendor responses. Be sure you institute and stop Backup Withholding when required. Join us for a content-rich 2-hours and you will gain the tools to make you the most effective information return manager your company has ever seen.
Publication Date: June 2025
Designed For
CFOs, Controllers, Compliance Managers, Accounting Managers, Accounts Payable Managers
Any institution that makes reports on forms 1099-INT, 1099-B, 199-DIV, 1099-PATR, & 1099-MISC
Topics Covered
- What is TIN Matching?
- Benefits of TIN Matching
- How to Register for TIN Matching
- CP-2100 / B-Notices
- 972-CG Proposed Penalties
- Bonus - Personal Liability
Learning Objectives
- Explain the TIN Matching System
- Identify the consequences of filing incorrect name and ID numbers on their 1099’s, etc
- Identify best pratices for 1099 reporting requirements
- Identify the last step in the TIN Matching process
- Identify the purpose of a CP-2100 or CP-2100a notice from the IRS
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
