TaxInformationReporting.com’s Information Reporter is a quarterly published e-zine. Each issue has a practical focus on topics of immediate importance to you, all written in common sense language.
In each issue you’ll find easy-to-understand explanations of new regulations and other IRS documents, how-to articles, information reporting tips, and recommendations designed to help you address the seasonal issues you face all year long. For instance, our first issue, published July 1, 2009 provides extensive guidance on how to handle the dreaded IRS Proposed Penalty Notice, issued during the late summer of each calendar year. In addition, the July 1, 2009 issue offers tips and practical advice for simple compliance related tasks easily accomplished during the summer lull before the year-end reporting storm. Click here for a sneak peak at Issue 1
Upcoming topics in the Information Reporter will focus on IRS year end reporting requirements and will feature practical guidance on:
- The 1099-MISC
- How attorney and settlement payments may create duplicate reporting requirements
- What happens when you have to report to a name other than the one on the check
- 2009 statement deadlines and IRS filing deadlines
- 2009 statement format requirements
- The benefits of e-filing and taking your extensions
- How to create a better process for filing either on paper or electronically
- Tips on using the IRS FIRE system
- Corrections: When you need to make them, and why there are far fewer occasions than you may have suspected
- Corrections: How far back do you have to go?
- Form 945
- State reporting requirements and determining whether you have the required “nexus”