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Video instructions and help with filling out and completing Irs first b notice sample

Welcome to today's webinar let's go ahead and get started we're going to jump right into everything and I always like to start by grounding us and what the law requires of you when we're talking in particular about issues such as we are today related to 10 matching and in the related and associated things that go with that and of course the Internal Revenue Code is the primary is the basis of what you're doing with the regulations that flow from that and then we have our resident revenue procedures our treasury determinations and so on and so today's focus our big focus today is on really making sure we get those tins in order prior to filing season and to that end you see Internal Revenue Code section 60 41 61 0 9 and 3406 in front of you you also see 1441 and you see this chapter for FATCA issue and those really go beyond the scope of today's presentation but they're important so I don't forget that if you're collecting w8 and you're processing forms 1042 1040 to us you want to make sure you're up to speed on those issues but for our purposes today with the 1099 world and the u.s. person reporting we're really honing in on best practices and making sure that you guys are set for filing season by looking at some tips and tricks to help you validate those payees especially the problematic pays and do the things that the law which is for code sections you see in front of you requires of you and obviously there's more to the law than this but these are kind of this is again this is your base this is where you start from and then there's all the fun stuff that flows from there for example attorney reporting would be sixty forty five and then you have issues associated with four nine campaign perhaps if you have members of the board of directors and so on and so forth so um those of you who've never attended one of my webinars before I'm not a slide reader try to follow in them in order and trying to skip around too much on the slide but slides really an outline and then we just go off of that and as we go through and get through today's content and what I want to start with today is some of the huge changes that have been going on over the summer and early fall and again I know that the first thing I want to talk about isn't part of today's content except for in a tangential sense but given how many accounts payable in tax Pro's are listening in you know just as a reminder the IRS was they were busy little bees this summer and they spent a significant chunk of June in July releasing updates to the forums w8 and they are all brand new now so the.