Form 1099 Reporting: Third-Party Vendors,
Foreclosures, Debt Forgiveness & More

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Member PriceNon-Member PriceDescription
$200.00 Archived Webinar + Free CD ROM
$169.00 For CUs Less Than $20M in Assets - Archived Webinar ONLY
   

Thursday, November 21, 2013

10:00 am – 11:30 am HST
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET

Financial institutions are required to report many types of 1099 forms to the IRS each year. Does your credit union know when and how to file each type of 1099? For example, Form 1099-A must be filed when you foreclose on collateral. You must file Form 1099-MISC if your credit union awards a prize worth $600 or more. Form 1099-INT must be filed when you give $10 to a member to open a new account. Join us to learn the proper use of the forms listed below, when they must be filed, and review the new version of each form for the 2013 tax year.

Continuing Education: Attendance verification for CE credits upon request

HIGHLIGHTS

  • What to report, when to file, and penalties for not filing properly
  • 1099-A:  Acquisition or Abandonment of Secured Property
  • 1099-C:  Cancellation of Debt
  • 1099-INT:  Interest Income
  • 1099-MISC:  Miscellaneous Income

  • TAKE-AWAY TOOLKIT
    • Copies of the 2013 IRS Instructions for Forms 1099-A, 1099-C, 1099-INT, and 1099-MISC
    • Employee training log
    • Quiz you can administer to measure staff learning and a separate answer key

WHO SHOULD ATTEND?

This informative session will be useful for all operations personnel, accounting clerks, tax personnel, accountants, management, compliance officers, and attorneys.

PLEASE NOTE
Webinar content is subject to copyright and intended for your individual credit union’s use only.

MEET THE PRESENTER

Elizabeth FastElizabeth Fast
Spencer Fane Britt & Browne LLP

 
View Shopping CartView Registration Options and Pricing
Member PriceNon-Member PriceDescription
$200.00 Archived Webinar + Free CD ROM
$169.00 For CUs Less Than $20M in Assets - Archived Webinar ONLY