Subscribers to the TIR Answer Center enjoy access to veteran tax attorneys who provide organizations just like yours with convenient and affordable answers to the Form 1099 questions they have, and in two business days or less!

No other service is currently available that employs actual on-call tax attorneys to accurately & timely answer your compliance questions! What's more, you can ask as many questions as you want to, whenever you want. No more lost time hunting for the tax compliance answers you need - we provide the answers for you! Just check out these questions recently asked by our clients and answered by our attorneys:

• When a W-9 comes in and it has a persons name on line 1  with their social security number on it but the W-9 has a business name on line 2 and the invoice we recieve is for the buisness name, who should we make the check out to? Who should we report to?
• As the filling deadline moves to Jan 31 for Misc box 7 payments, is it consider the timely filling if we send out electronic file by Jan 31 and send out replacement file after Jan 31? If yes, what is the dead line for sending out replacement file? Would it be the same as filing the extension like before? 
• Is a non profit organization 1099 reportable?  They do not state if they are a 501C or what they are,  they just state on the W-9  Non-Profit. 
• If a title company is not incorporated, do we report payments made directly to the title company for things such as: Property reports or title searches?
• For 1042 filing,  should the dollars reported include sales tax in the total, if applicable?
• How long are we required to keep 1099's?  We are an insurance company that process roughly 3,000 Form 1099's per year.  Currently we have them as far back as 1997.
• Which AP payments are exempt from FATCA 30% withholding?
• If a foreign vendor provides online web training but not physically being here in the U.S., is 1042-S reporting still required?
• If a foreign vendor submits a completed Form W8, does it mean that they’re exempt from the 30% withholding?  If not, how do we decide whether the 30% withholding requirement should apply to them or not?
• What happens with the 30% withheld in foreign reporting?  Does the foreign company have any recourse to collect it?  If the foreign company has a US branch  that is set up as a corporation with a US Tax ID, does this get applied against the taxes due from the US branch?
• We currently issue a 1099-Misc when commissions are earned.  The commissions may not necessarily be paid out to the agent yet but have been earned by the agent.  Is this best practice?
• Our Board of Director members have been treated and reported as employees.  Is it customary to treat Board of Director members as "employees" instead of "independent contractors"?  If we were to treat and report them as independent contractors, then at year end they would receive 1099-MISC form instead of a W-2 form?
• When a vendor marks a W9 as an LLC and then puts in the D for Disregarded Entity, are they exempt from 1099 reporting?

These are just a small sample of the questions we have received and answered in recent weeks. Of course yours may be similar or different but that is not a problem. We will answer your specific questions in two business days or less!

Your subscription fee for year-round on-call form 1099/1042-s related support service is tailored to the size of your organization and types of transactions, tax withholding, and reporting.  Please feel free to email us at contactus@taxinformationreporting.com for a subscription fee quote, or simply leave a message using our contact form.

Your subscription can be paid annually, or paid quarterly (a great way to try out the service if you are new to the TIR Answer Center). Payment options include invoicing to pay by check, or credit card payment via Visa or MasterCard.

TIR Answer Center Subscription Benefits include access to: 

• Ask the Expert service where our tax attorneys will not only provide timely answers to your Form 1099 reporting questions but also refer you to applicable rules and regulations for further guidance. Click here for more about this service and our experts 

• Tax FAQ Database. During countless seminars, webinars, conferences and other speaking engagements our experts have answered a tremendous range of Form 1099 related questions. Your subscription provides you with access to a library of hundreds of answers our tax attorney's have provided to questions that have so often stymied your peers in the information reporting world. 

• Subscriber Discounted Webinars. Enjoy 25% discounts off our webinars, get guidance for attaining compliance with IRS and State Level Information Reporting laws and regulations, learn about recent changes in the law, and earn NASBA (National Association of State Boards of Accountancy) approved Continuing Professional Education Credits (CPE's) all at the same time!

• Subscriber Discounted Customized In-House Seminars. Our tax attorneys will come to you, delivering a uniquely customized experience that can be found nowhere else (price of seminar includes customized seminar support materials packaged into easy to use training and compliance guidance made to fit your organization's needs). All quoted prices are discounted 10% for subscribers buying seminars at a package price flat rate.

• “Information Reporter” e-zine. Each annual issue has a practical focus on topics of  immediate importance to you, written in commons sense, easy to understand language. Click here for a sample  - For instance, each year we provide subscribers with a full update of what's new from during the year in 1099 and 1042-S reporting. Furthermore, and even better, each January, the "Information Reporter" is published just in time for filing season, and our subscribers GET FREE a copy of our updated State Filing Form and Threshold Chart (otherwise sold as part of our annual Filing and State Reporting Guide for $299) - with this year's version containing over 30 major changes in state level information reporting laws!

• “Tax tip of the week” feature. Enjoy access to dozens of tax tips and training tools recently provided to our subscribers.

• IRS documents and TaxInformationReporting.com authored articles - This continually expanding database contains dozens of original articles on a wide range of tax and compliance issues.

• Renewal Time Rewards for Subscriber Loyalty: Typically subscription services include incentives to sign up, but then those product or service providers ignore their current subscribers at renewal time. We think this is wrong; after all why punish loyalty? As a result we uniquely reward our current subscribers for their patronage. Meaning that when it comes time to renew we let our current subscribers do one of two things: either enjoy a repeat of the same offer that originally may have helped convince them to try out the TIR Answer Center, or take advantage of the current offer available to non-subscribers looking to sign up for the first time.

• Discounted Consulting Service Hourly Rate: For general consulting services our subscriber hourly rate is marked down 20% (from $250 per hour for non-subscribers to $200 per hour for current subscribers).

In addition the TIR Answer Center's guidance will help you:

• By making your job easier - for instance when the new forms W-8 were released last year we broke down and analyzed each form and it's changes for our subscribers!

• File confidently knowing you are abreast of changes in the law - there have been nearly 100 major changes in federal and state reporting & compliance laws in the past year and our subscribers are not only updated on all of them but have received the guidance they need to file accurately and efficiently with not only the IRS but also each state in the union.

• We translate the Internal Revenue Code into everyday language. We provide our answers in plain English while also citing to the actual laws so that you have not only the guidance but the sources themselves; all in case you need documentation in response to a Proposed Penalty Notice or Audit.

• Increase your productivity and save time this compliance season by not having to do serious research - such as that associated with determining what new state reporting laws will impact you this filing season. 

• Reduce costs associated with collecting, verifying, and filing payee documentation and information

• Handle with confidence corrections, b-notices, penalties, worker classification issues, audits, and more...

• Train your staff on best compliance and filing practices

• Learn best practices for documenting compliance related activities

• Boost your value with management in an era of relentless layoffs and cutbacks 

Get quick, accurate, and thorough answers from our tax experts; as well as a full range of services for an unbeatable price.

If you would like to purchase more than one subscription for your organization we can also be reached at contactus@taxinformationreporting.com. We look forward to answering your questions, and getting you started in terms of better understanding your Federal and State Level due diligence, compliance, withholding, and information reporting requirements!