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Curious About Our Services? Here is a Free Webinar on 2011 Changes in the Law!

We continue to get quite a bit of questions about the tax compliance guidance we offer at TIR. As such we thought we would give you a flavor for how we approach helping our clients - in this case by providing you with a free webinar from last spring on regulatory and compliance changes that were made in 2010-2011.

For those of you who are unfamiliar with our services the core of our offerings revolve around the TIR Answer Center's unique virtual tax attorney service. Monthly or annual subscribers can ask our experienced corporate tax attorneys as many 1099/1042-S related federal, state, and local tax compliance and reporting questions they want and, in turn, get an answer back in two business days or less. Topics covered include:

  • Federal rules regarding Forms W-9, W-8, 1099, 1098, 5498, 1042, 1042-S, 941, 945, and more....
  • Guidance regarding payee documentation, validation, filing, and compliance (including in regards to processing corrections, amended returns, IRS "B" Notices, Form 972-CG "Proposed Penalty Notices", and Federal and/or State audits)
  • We have a special expertise regarding issues surrounding Non-Resident Alien document collection, validation, compliance, and reporting - with our clients including those domestic, multi-national, or foreign.
  • Help with developing policies and procedures regarding international, federal and state compliance
  • Guidance on complex joint tax and labor issues surrounding misclassifying your workers - including employees also doing work as independent contractors, outside vendors, and interns (both paid and unpaid).
  • Assistance dealing with the special issues posed by members of the board or executives and their payment - including reimbursed expenses, travel and entertainment, non-qualified deferred compensation, and other related issues.
  • State level reporting issues regarding new hire independent contractors, sales and use, nexus, foreign vendor reporting, and more...

This service represents an almost unbeatable value given that if a subscriber asks as few as even half a dozen questions they will match what it would have cost to hire an experienced tax attorney (according to Robert Half's 2012 legal guide for attorney pay), CPA, or consultant to help solve their problems. Needless to say, the bulk of our subscribers ask far more questions. They thus generate tremendous savings for their organization plus make their own job so much easier by not having to spend hours tracking down IRS or State regulations and publications in trying to deal with their own unique fact and circumstance issues.

Even better this guidance is provided in plain english in a manner that is easy to understand - translating complex regulations, and giving you the tools you need to move ahead and document your payees, validate their status, and file with confidence, or deal with a potentially negative interaction with a regulator. To give you a better idea of the tone we take in answering your questions here is a free hour long webinar our very own Steven Mercatante Esq. did last year for Convey Compliance.

By the way, for 2012 we have packaged over 20 federal and state changes in compliance law together (with recent meaning changes from the past six months) as part of our 87 page 2012 Form 1099 Compliance Guide. Take a sneak peak at its full content's here and then order yours today, or subscribe to the TIR Answer Center for one year and get it for free!