What is New in B-Notice Processing?
Can you tell me about this new changes in B-Notice Processing. I heard that there is a new IRS changes in procedures for processing B-Notices. What is the changes we need to know?
Do we include rent paid for storage as reportable on . . .
Do we include rent paid for storage as reportable on the Form 1099-MISC?
Although the regulations ar . . .
When is it necessary to have a Form W-9 signed . . .
When is it necessary to have a Form W-9 signed under penalty of perjury?
For payments of interest, d . . .
We have a vendor who recently responded to a "second" . . .
We have a vendor who recently responded to a "second" B-Notice by sending us his correct TIN, but not by providing the letter or form we requested. Can we accept this as documentation for our records?
No, not as documentation th . . .
Once we have updated our systems with the responses to . . .
Once we have updated our systems with the responses to our B-Notice letters, do we file corrected returns with the IRS?
No. The Regulations (Sec. 3 . . .