Accounts Payable. Regulatory Tax and. September 13-16, IRS Compliance.

Transcription

1 Earn up to 26 CPE & CEU Credits! 2015 IRS Compliance Regulatory Tax and Accounts Payable C O N F E R E N C E Improve the State of Compliance for Your Business! September 13-16, 2015 Disney World Yacht & Beach Club Resort Orlando, Florida IRSCompliance.org is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses of CPE credit. Complaints regarding registered sponsors may be addresses to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN Website

2 OVERVIEW Tax, legal, and accounting professionals are continuously facing the difficult responsibility of staying abreast of everchanging Federal and State regulations and the impact of the procedures and responsibilities on their payment departments. Federal and State agencies continuously review tax regulations, tighten gaps and identify areas that require new or modified regulations to improve tax revenue and collection. The agencies also ensure regulations are current with methods of payment. This includes: withholding tax deposits; information reporting to requiring agencies; the enforcement of regulatory laws; accessing and collecting owed tax, penalties, and interest; and withholding revenue when U.S. organizations fail to comply with the regulations. Regulatory tax compliance regulations related to payments, property, purchases and wages are governed by federal law, and in most cases, state laws. This myriad of regulations requires U.S. organizations to comply with the laws or be subject to penalties and financial liabilities. To eliminate and reduce the risks from non-compliance, it is prudent for staff resources to be educated on the federal and state regulations applicable to their job. Additionally, U.S. organizations must have current policies and procedures in place to address processing requirements for the events subject to these regulations. The breadth of tax and revenue collection risks associated with failure to comply are enormous. If Federal or State agencies discover compliance failures your organization can suffer excessive penalties, fines and financial liability. Your best defense is to ensure that your staff stays abreast of new and changing regulations and incorporate compliance processes and procedures throughout all business units. The IRSC Regulatory Tax and Accounts Payable Conference is your best resource to fulfill training and educational needs! I found the conference to be extremely beneficial to myself and our company. I ve been able to put procedures in place to ensure IRS compliance with maintaining vendor records in the event we go through a 1099 audit. We are also using the 1099 TIN Check on every vendor which we find helps us tremendously in avoiding B notices. Jeanne Anthone IRSCompliance Regulatory Tax and Accounts Payable Conference

3 Increased Legislative Changes The IRS and state agencies have been very active with new and changing regulations intended to close tax gaps and increase revenue. Much of the increased legislative activity has been due to revenue deficits. To increase their revenue stream, the agencies are utilizing improved tools and methods to identify non-compliance, increasing penalties, enforcement, audits, legislating new reporting requirements and investigating new technology impact on the reporting information and the collection of taxes. Legislative activity from Congress, the White House, IRS, U.S. Treasury and the majority of state agencies over the years has heightened. The current administration, the state of the economy and the ever rising deficits are requiring more changes. The latest major IRS regulation FATCA (Foreign Account Tax Compliance Act) which is now in effect and increases the requirements for documenting foreign payees (individuals and entities), validation, mandatory withholding, and expands to documenting U.S. payees. FATCA is impacting ANY business area within U.S. organizations that issues payments. Staff who onboard new payees or re-certify existing payees must know proper procedures and have a thorough understanding of the current and modified reporting regulations and the correct withholding on payments issued to U.S. payees, Foreign Payees and Foreign entities. Federal and state agencies have made these areas a priority for tax and revenue collection: Information reporting, U.S. and foreign payment compliance, Documenting U.S. and foreign payees, FATCA withholding, Sales and use tax, Withholding tax, Unclaimed property, Assessment and collection of penalties, Employment and unemployment tax issues. Prerequisites for the conference There are no prerequisites or advanced preparations needed. This conference is applicable to all, with concurrent session tracks for beginner, intermediate and advanced professionals. Orientation and workshop topics in regulatory tax, accounting, employment/unemployment, state abandoned property (escheatment), and accounts payable are available to all attendees. Professionals may attend sessions for legal, tax and accounting fields of study. Being new to Information Reporting, this conference enabled me to gain a better understanding and connect some dots to what happens during my work day. Diane Lovett, Aetna September 13 16, 2015 Disney World Yacht & Beach Club Resort, Orlando, FL 3

4 THE KEY TO SUCCESS! Professional Training and Certification Organizations benefit from knowledgeable, proactive staff to reduce financial risks for non-compliance. Ongoing education enables tax, legal, payroll and accounting professionals to resolve issues, comply with regulations, and incorporate new and pending legislative requirements in their business practices and processes. As a tax or accounting professional, you are expected to do more with less, control costs by using the latest payment system automation, work intuitively with every system and department within your organization, and comply with complex and changing regulations. Need more information? Check out our selection of certification programs to the right. If you don t see what you need for your organization, give us a call at 877-TAX-REGS or compliance@irscompliance.org. Ongoing education offered by IRS Compliance retains your accreditation and keeps you up to date on the changing regulations. Changing Federal and State legislative regulatory requirements creates financial risks for companies not prepared to comply. Prove that you have the knowledge to execute your job with confidence and get the respect and compensation you deserve with CIRS, CMISC, CNRA, or newest addition, CSTATE certifications. Studies show that individuals holding certification can earn an average salary of 11% to 20% higher than their uncertified colleagues! Isn t it time you get certified? The Standard of Excellence for Accounting and Tax Professionals These designations set the standard within any business area sponsored by IRSCompliance, Inc. the leader in compliance services and regulatory training, resources, and services. The Certification signifies that an individual has demonstrated the knowledge and skills required to perform well in today s complex business environment with Federal and State regulatory requirements. I think this conference is the best I have attended in several years. Relevant topics, presenters who are very knowledgeable and great opportunities to network. Ron Francavilla IRSCompliance.org is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses of CPE credit. Complaints regarding registered sponsors may be addresses to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN Website IRSCompliance Regulatory Tax and Accounts Payable Conference

5 Federal and State Information Reporting and Withholding Certification CIRS Federal and State Information Reporting and Withholding Certification (CIRS) There are many complex State regulations on mandatory, backup, cross-state withholding and direct information reporting. States have been comparing information obtained from the IRS and implement penalty programs which they enforce. Several states have passed legislation to piggyback on new IRS laws, increasing penalties and financial risks to companies. Receive the training you need to prevent penalties and understand complex and changing regulations. Required documentation for U.S. and Foreign Payees What is reportable When you must withhold tax Filing requirements Employee vs Contractor State Reporting B-Notices Penalties Form 1099-MISC Information Reporting and Withholding Certification CMISC Form 1099-MISC Information Reporting and Withholding Certification (CMISC) Compliant processing of miscellaneous payments is invaluable to your employer and your career. The majority of U.S. Organizations issue payments of reportable income in the course of their trade or business. Validate your knowledge: Non-employee compensation Contractors and providers Legal and Medical Services Honorariums Fees Commissions Rents Royalties Attorney Settlements Awards and Prizes Consignment Resale Form 1042-S Information Reporting and Withholding Certification CNRA Form 1042-S Information Reporting and Withholding Certification (CNRA) With the exception of payments for goods and materials or for services provided outside of the U.S., almost all other payments issued to a foreign payee are reportable and may require Federal withholding. If you manage foreign individual or entity payments, you must know the following: Identifying and documenting the payee What type of documentation is required and acceptable Validating documents Classify properly as a foreign or U.S. payee Determine and find the correct foreign treaty rates Withholding under treaty or non-treaty rates Understanding and applying FATCA rules Applying FATCA Withholding Which Form W-8 document is required Reporting Form 1042-S Payments Penalties for Form 1042-S errors Filing the Annual 1042 State Information Reporting & Withholding Specialist CSTATE State Information Reporting and Withholding Certification (CSTATE) Some states have direct filing requirements, mandatory withholding and backup withholding of tax. Several states have passed legislation to piggyback on IRS laws, increasing your penalties and financial risks. If your company issues reportable payments to residents across states, payments for services, rents, royalties, etc., you may be required to report the payments to the requiring state and withhold state tax! You must know the following: Identifying the state in which the payment, reporting withholding may be required Identifying if state backup withholding is required Identifying when you have a cross state provider State reporting and withholding for Non Resident Aliens IRS Combined Federal Reporting Program (CFS) and exceptions Independent Contractor Reporting Identifying the payment state based on form type Direct States filing requirements and corrections September 13 16, 2015 Disney World Yacht & Beach Club Resort, Orlando, FL 5

6 OUR SPONSORS IRSC IRSCompliance.org 1099R PRO P2P Consulting Think you know everything about Federal & State reporting and withholding? Here s your chance to prove it. Get certified! Register for the conference by July 15 and take a FREE Certification Exam of your choice! Get certified in the area of your expertise: CMISC, CIRS, CNRA or CSTATE Please visit for more information and to register Limit one certification exam per attendee. This offer is not transferable or refundable. Exam must be taken during the scheduled exam time at the conference. Class training, study guide manuals and certification review must be purchased separately IRSCompliance Regulatory Tax and Accounts Payable Conference

7 CONFERENCE FOCUS The focus of this conference is tax, legal, accounts payable, employment and business needs related to federal and state regulatory requirements. This conference provides regulatory and accounting education, new and current regulation updates, accounts payable management, employment, and accounting practices. General sessions cover important legislative initiatives, newly enacted legislation that will impact business practices and discussions to improve compliance amidst federal and state regulations. Workshops give attendees the opportunity to interact with peers, participate in sessions and have access to recognized experts in the industry. Relevant issues include: coverage of Federal and State reporting and withholding regulations, payment & payee compliance, regulatory changes and implementation, sound tax and accounting practices, industry issues, accounts payable processes, payments to U.S. and foreign payees, mandatory withholding, current and new legislation and compliance issues Discussions include: FATCA How new regulations will impact your organization s policies and procedures, the financial risks and impacts for NOT complying with FATCA requirements Collecting & validating new Forms W-8-BEN-E IRS Section 1441, Chapters 3 & 4 on NRA withholding and FATCA withholding Impact of health care regulations and new reporting requirements for employers Abating the increased assessment of penalties Canadian reporting Foreign Payees documents, reporting and withholding Federal and State reporting and withholding IRPAC update IRS legislative update Independent contractors mandatory withholding and reporting Documenting and validating U.S. and foreign payees IRS audit initiatives regarding U.S. and foreign information reporting and withholding State escheatment/unclaimed property A review of the first year of FATCA did we do it right? How to service unresponsive IRS support Puerto Rico reporting and withholding The impact of current and future taxation and reporting of the Cloud delivery of products and services Employment tax State sales and use tax Accounts payable Management Track Tax Year 2015 Form 1042-S review Challenges in dealing with the IRS to be successful in abating penalties VAT recovery Do s and don ts of an IRS audit State reporting and withholding IRS TIN Matching Program update State withholding deposits Invoice, the payee/vendor status, and determining exportability and withholding requirements and more September 13 16, 2015 Disney World Yacht & Beach Club Resort, Orlando, FL 7

8 SPEAKERS Speakers will examine new regulations, pending and existing legislation and the resulting impact to your organization. These recognized leaders are experts in the regulatory industry, legal representation, accounting, and government. Receive presentations and materials for tax directors, legal professionals, accountants, managers, employment and accounts payable personnel in the financial, banking, insurance, medical, education, gaming, brokerage, insurance, government, medical, manufacturing, retail, suppliers and services industries. Industry experts will provide insight into regulatory and accounting issues that directly impact your organization. Work groups will provide personal access to instructors and experiences of your peers. General sessions, workshops and labs will cover a wide range of regulatory and accounting issues and improve internal processes that affect your organization. Featured Speakers: Matthew Chenowith, True Partners Consulting, LLC George McCarthy, John Hancock Les Baer, Meridian Global Services Beatriz Castaneda, Charles Schwab & Company Geraldine Ortiz, Charles Schwab & Company Michael Chittenden, Miller & Chevalier Jean-Philippe JP Choudhry, 1099 PRO, Inc. Ray Stewart, 1099 PRO, Inc. Jonathan Cunanan, 1099 PRO, Inc. Michael Stewart, 1099 PRO, Inc. John Foertschbeck, IRS Compliance, Inc. Lynda Foertschbeck, IRS Compliance, Inc. George Fox, Financial Services Office, Ernst & Young, LLP David Hay, PTOP Consulting Tracey Sellers, True Partners Consulting LLC Robert Tucci, True Partners Consulting LLC Carol Kassem, IRS Compliance, Inc. Richard Levy, VALIC Michael Lloyd, Esq., Miller & Chevalier Kathleen Kitty Lobell, Louisiana Unclaimed Property Department Dan Mayer, Unclaimed Property Consulting & Reporting, LLC Linda McGee, Senior Business Leader, VISA Carla McGlynn, Unclaimed Property Consulting & Recovery, LLC Jerry Michael, IRS Compliance, Inc. Ernie Molinari, Prudential Financial, Inc. Tom Nichols, President, Process Management Improvement Deborah Pflieger, Principal, Reporting and Withholding Services, Ernst & Young, LLP Colleen Phalen, Fidelity & Guaranty Life James Santivanez, President, JMS Advisory Group Diana Turner, Information, Reporting Specialist, Citi Susan Vance, Compliance Officer, FSI Track Phillip Carlton, Florida Department of Financial Services John Waite, Boomerang Asset Recovery Sara Withrow, WV State Treasurer s Office Andrea Yudin, Meridian Global Services Dennis Zuehlke, Ascensus Judy Bicking, Financial Operations Network Laura Carlson, Altus Group US Inc. Jennifer Richmond, 1099 PRO, Inc. Karen Anderson, UPPR IRSCompliance Regulatory Tax and Accounts Payable Conference

9 HOTEL Disney World Yacht & Beach Club Evoking the timeless era of New England seaside hotels from the late 1800s, Disney s Yacht & Beach Club Resorts welcome guests into a world of hardwood floors, brass fittings and luxurious accommodations. Anchored along the shores of the 25-acre Crescent Lake, guests discover casual elegance combined with serene grounds and nautical touches that transport them to another place and time. When seeking a little unique recreation, guests can soak up the sun on the white sand beaches lakeside or cool off at Stormalong Bay, a unique 750,000 gallon feature pool complete with water slide, sandy bottom, whirlpools and water currents. Special Benefits No resort fees Complimentary motor-coach transportation to and from Orlando International Airport (MCO) Complimentary self-parking Complimentary Wi-Fi internet access Direct charging privileges throughout the Walt Disney World Resort Complimentary delivery of purchases made throughout the property to your Walt Disney World Resort hotel Complimentary transportation throughout the Walt Disney World Resort Recreation & Amenities Four swimming pools including exclusive use of Stormalong Bay, a one-of-a-kind three-acre feature pool Fitness center, hair salon and game arcade White sand beach and marina with watercraft rentals Nature walk, bike rentals and children s playground Tennis and volleyball courts Disney World Yacht & Beach Club 1700 Epcot Resorts Boulevard Lake Buena Vista, FL Reservations: RSVP.IRSCompliance.org Group Name: IRS Compliance Regulatory Tax & Accounts Payable Conference IRS Compliance Conference room rates at the Yacht & Beach Club Resort start at $189/night + tax and applicable fees. A limited number of rooms per night are available at this rate. Additional registration fees apply for guests not booked into a conference blocked guest room. Complimentary transportation is provided to and from Orlando Airport by Walt Disney World s Magical Express and is included with your room reservation. September 13 16, 2015 Disney World Yacht & Beach Club Resort, Orlando, FL 9

10 CONFERENCE TRACKS Regulatory Certifications For professionals who chose to become certified in regulatory expertise, we offer a full day of specialty area reviews and exams! The review sessions are designed to examine the knowledge points required for certification and to allow participants to present questions prior to taking the exam. Enroll in one, two, three or all four! Training is offered on prior to the conference. Online exams can be taken anytime during the conference. Not only can professional certifications assure your employer that you are well qualified, but could lead to promotions and salary increases. Additional fees apply for the training, study guide and exam. Attendees who register by July 15 will be able to take the exam for free! Conference registration packets will be delivered to the attendees room prior to Sunday morning. Beginner Intermediate Expert SUN 8:00-10:00 am CIRS 1099 Certification Review IRS requirements for documenting payees, determining reportable payment status, and reporting and withholding requirements. SUN 10:10 am - Noon CMISC Form 1099 MISC Reporting and Withholding Specialist Review Issuing reporting payments required to be reported on Form 1099-MISC, payee documentation, reportable status, and withholding and filing requirements. Payments include: payments for services, attorneys service fee payments, gross proceeds paid to an attorney, rents, royalties, other income, and gross proceeds paid to an attorney. SUN 1:00-2:50 pm CNRA 1042-S Certification Review Issuing payments to and identifying Foreign Payees, the payee documentation process, review of the documentation, reportable information, mandatory withholding tax, default withholding tax, and filing requirements. SUN 3:10-5:00 pm CSTATE State Reporting and Withholding Specialist Review Review the additional filing and withholding requirements U.S. States and Puerto Rico regarding reportable payments. We will examine the states requirements via CFS, exceptions to filing via CFS and direct filings, corrections, thresholds to report, mandatory and backup withholding requirements, cross state providers, and filing requirements. Social Discussion Groups Beginner Intermediate Expert SUN 10:00 am - Noon Addressing the Missing Links in Purchase Orders + Invoices + Withholding + Information Reporting Join us for an open discussion with regulatory, AP experts and your peers to discuss solutions to assist your departments in improving your process. Learn compliance and documentation to validate payees/vendors, identify reportable payments, and determine the required method of reporting and the withholding tax on those payments. This has been a challenging, if not impossible, task for most U.S. companies. SUN 1:00-3:00 pm Health Care Reporting Forms 1094-B, 1094-C & 1095-B, C This year, employers are required to track and report coverage s and premiums on Employees Health Care. Join us in this open discussion on the requirements, challenges and solutions. Reserve your seat now to participate in Sunday s Certification Reviews and Social Discussion Groups! Visit attendee.irscompliance.org to reserve your spot! IRSCompliance Regulatory Tax and Accounts Payable Conference

11 Accounts Payable Beginner Intermediate Expert FATCA Did we get it right? This role play will examine the business person and the tax expert MON 9:00-10:30 am as they walk through the various things the business did (or did not do) to prepare for compliance with FATCA Regulations. MON 1:30-2:30 pm E-Payments ACH & Wire, Check, International, Fraud, Remittance Advice Delivery MON 3:00-4:00 pm Worker Classification Employee vs. Independent Contractor Identifying a Payee as a Non Resident Alien Evaluating the Payee Information Provided and what MON 3:00-4:00 pm Documentation is needed; Knowing if You are Required to Withhold Federal and/or State Tax; Reporting to the IRS and States MON 3:00-4:00 pm Accounts Payable Today Peer Insights MON 4:00-5:00 pm Uncommon Forms W-8 The session will cover the basic requirements of the Forms W-8IMY, EXP and ECI; How to determine the correct form required; Treatment of the payment; Required information TUE 8:30-9:20 am State Withholding and Deposits Related to Mandatory and Backup Withholding on Reportable State Payments Annual recon; Deposit schedules TUE 8:30-9:20 am Ask the Experts Take this opportunity to discuss Monday s topics with your questions or lend your experience Affordable Care What has happened and what is yet to come We will cover Section 6055 and TUE 9:20-10:50 am 6056 and its impact on the business world. We will look at Notice regulatory guidance and the excise tax on high cost employers-sponsored health coverage. TUE 11:00 am - Noon Processing B-Notices & Prevention This session will focus on what to do when a B Notice is received from the IRS TUE 11:00 - Noon AP Resuscitation with CPR TUE 3:20-4:15 pm The evolution of AP from decentralized to profit center Covers centralization, process change, ROI, automation, and value added services. WED 8:30-10:20 am Ask the Experts Take this opportunity to discuss Tuesday s topics with your questions or lend your experience WED 9:30-10:20 am How to work with IT to obtain optimum results Covers the state of IT, ROI, Functional Spec. Change Management, in-house vs outsourcing, new technologies, etc. WED 10:40-11:30 am Leading AP Transformation WED 2:30-3:20 pm Common Forms W-8 This session will cover the basic common pitfall with respect to Form W-8-BEN ad W-8-BEN-E and their reporting requirements. WED 2:30-3:20 pm State Reporting and Withholding Requirements WED 3:40-4:30 pm Conference Wrap: Ask the Experts Present any questions or issues on Wednesday s sessions 1099, W-2, 1042-S, and Tax Beginner Intermediate Expert SUN 8:30-9:30 am New to Regulatory Tax Compliance for 1099, 1098, 1042-S and W-2 Learn the basics of each regulation that you need to know when issuing payments. Understand how each payment must incorporate steps to certify a payee, determine reportable status, withholding requirements and how the payment may be reportable on a Form 1099, 1098, 1042-S. SUN 9:30-10:20 am Current Documentation Requirements for payees (Forms W-8, W-9) and identify reportable 1099, 1042-S, W-2 payments Electronic, Paper, Under new FATCA regulations. Introduction to IRS regulations which require properly documenting U.S. and Foreign Payees. We will also discuss events surrounding the documentation which would require withholding. September 13 16, 2015 Disney World Yacht & Beach Club Resort, Orlando, FL 11

12 CONFERENCE TRACKS 1099, W-2, 1042-S, and Tax (continued) Beginner Intermediate Expert SUN 9:30-10:20 am TINCheck.com Review & Updates SUN 10:40-11:30 am Basics of Federal Information Reporting Requirements 1099, 1042-S In this session we will cover the occurrences when federal withholding may be required and the regulations that apply. SUN 11:30 am - 12:15 pm Addressing your FATCA Reporting Needs via Managed Services 1099 Pro SUN 11:30 am - 12:15 pm Introduction to Federal Withholding Requirements This session will focus on the circumstances where federal withholding is required on U.S. Source income payments. FATCA Did we get it right? This role play will examine the business person and the tax expert MON 9:00-10:30 am as they walk through the various things the business did (or did not do) to prepare for compliance with FATCA Regulations. MON 10:45 am - Noon IRPAC and Legislative Update for 2015 and Beyond MON Noon - 1:30 pm 1099 Pro Luncheon & User Group Meeting MON 1:30-2:30 pm Beneficiary Payments US and Non Resident Classification, withholding and reporting Wages; Annuities; Non-Employee; Settlements MON 1:30-2:30 pm Outsourcing Payments, Withholding and/or Reporting Risks and Benefits MON 3:00-4:00 pm Worker Classification Employee vs. Independent Contractor Identifying a Payee as a Non Resident Alien Evaluating the Payee Information Provided and what MON 3:00-4:00 pm Documentation is needed; Knowing if You are Required to Withhold Federal and/or State Tax; Reporting to the IRS and States MON 4:00-5:00 pm Best Practices for Dealing with Penalty Abatement and Challenges with the IRS MON 4:00-5:00 pm Uncommon Forms W-8 The session will cover the basic requirements of the Forms W-8IMY, EXP and ECI; How to determine the correct form required; Treatment of the payment; Required information MON 4:00-6:00 pm Withholding Tax Insurance Industry Group Meeting TUE 8:30-9:20 am State Withholding and Deposits Related to Mandatory and Backup Withholding on Reportable State Payments Annual recon; deposit schedules TUE 8:30-9:20 am Ask the Experts Take this opportunity to discuss Monday s topics with your questions or lend your experience Affordable Care What has happened and what is yet to come They will cover off on Section TUE 9:20-10:50 am 6055 and 6056 and its impact on the business world. We will look at Notice regulatory guidance with regard to the excise tax on high cost employers-sponsored Health coverage. TUE 9:20-10:50 am Who are you going to call? How to cope with the new policy of the IRS to not answer calls and provide support? Finding answers; Utilizing Support; Documenting; Training TUE 11:00 am - Noon Processing B-Notices & Prevention This session will focus on what to do when a B Notice is received from the IRS Whats new & what s old within the IRS Information Reporting Program This discussion will TUE 11:00 am - Noon cover new developments, technical requirements, as well as new issues arising under the current rules. This will cover the new changes for TUE 1:30-2:20 pm Surviving the Implementation of FATCA This session will review the planning and implementation of the required processes and procedures this organization took to be compliant with the FATCA Regulations. TUE 1:30-2:20 pm Form 1099 MISC Information reporting covering the reporting requirement for the MISC TUE 2:20-3:10 pm Advanced Form 1099 MISC workshop on Attorney Payment Reporting TUE 2:20-3:10 pm Payroll Issues stock option, employees, directors IRSCompliance Regulatory Tax and Accounts Payable Conference

13 1099, W-2, 1042-S, and Tax (continued) Beginner Intermediate Expert Workshop on the latest changes with the Health and Saving Accounts (HSA) and other items of interest about the HSA HSAs have experienced double-digit growth over the past decade. This TUE 3:20-4:15 pm session will focus on information reporting requirements for HSAs, an overview of the HSA marketplace, and reporting issues related to the return of a mistaken distribution and debit card transactions. WED 8:30-10:20 am Ask the Experts Discuss Tuesday s topics with your questions or lend your experience. WED 9:30-10:20 am Canadian Reporting & Withholding Requirements Reporting for qualified longevity annuity contracts As the dollars in IRAs continue to grow, so does IRS scrutiny of these popular plans. This session will focus on new reporting requirements for hard-to-value IRA assets and qualified longevity annuity contracts. Reporting of hard-to-value assets held in IRAs, which WED 9:30-10:20 am was optional in 2014, is mandatory for And, after the release of the final QLAC regulations last summer, Form 1098-Q has been modified to enable reporting of QLAC information for a full calendar year. If you offer IRAs or QLACs, you ll want to ensure that you comply with these new requirements. FATCA 8966 & 1042-S Reporting Form 1042-S and 8966 Report for 2015 Reporting WED 10:40-11:30 am Walkthrough Payments to Foreign Payees Form 1042-S and the FATCA regime of withholding. How Cloud Computing, Remote Services & Online Products will Impact Sales & Use Tax, WED 10:40-11:30 am Withholding and Federal/State Information Reporting Workshop on Cost Basis Reporting What debt instruments are considered covered securities for 2014 WED 11:40 am - 12:30 pm and what debt instruments are considered covered securities for Tax Year What aren t considered as covered securities for 2014 and thereafter. How to report covered securities on the Form 1099-B. Setting Policies and Procedures within your Business Areas to Ensure Compliance When On WED 11:40 am - 12:30 pm Boarding Payees; Correctly Classifying a Payee: US, NRA, Employee or Independent Contractor, Exempt or Non-Exempt; Issuing Payments; Withholding; Reporting WED 1:30-2:20 pm Puerto Rico Reporting and Withholding Requirements Fringe Benefits What are taxable and non-taxable and what is the difference between a WED 1:30-2:20 pm Reimbursement Account compared to Accountable Imbursement Account. WED 1:30-2:20 pm 1099 Pro Training Importing, Rules & Validation, and Transactions Common Forms W-8 This session will cover the basic common pitfalls with respect to WED 2:30-3:20 pm Form W-8-BEN ad W-8-BEN-E and their reporting requirements. State Reporting and Withholding Requirements Learn overall state reporting and withholding WED 2:30-3:20 pm requirements on Forms 1099 and 1042-S. We ll cover how to meet those requirements, such as the IRS Combined Federal Program and those states that require direct filing and reporting exceptions. WED 3:40-4:30 pm Conference Wrap Ask the Experts Present any questions or issues on Wednesday s sessions Sales & Use Tax/VAT Tax Beginner Intermediate Expert MON 4:00-5:00 pm Introduction to SUT TUE 9:20-10:50 am Basics of VAT TUE 2:20-3:10 pm Remote Transactions Parity Act of 2015 discussion on the submission to Congress as an alternative to the Marketplace Fairness Act WED 9:30-10:20 am Sales tax nexus and sourcing in the digital age WED 10:40-11:30 am VAT Recovery WED 10:40-11:30 am How Cloud Computing, Remote Services & Online Products will Impact Sales & Use Tax, Withholding and Federal/State Information Reporting September 13 16, 2015 Disney World Yacht & Beach Club Resort, Orlando, FL 13

14 CONFERENCE TRACKS Unclaimed Property Beginner Intermediate Expert SUN 11:30 am - 12:15 pm The History & Introduction to Unclaimed Property MON 1:30-2:30 pm Due Diligence 101 MON 3:00-4:00 pm Unclaimed Property Filing 101 MON 4:00-5:00 pm Unclaimed Property Wrap Up for Today TUE 9:20-10:50 am Unclaimed Property News Update Session TUE 11:00 am - Noon Creating Unclaimed Property Policies & Procedures TUE 1:30-2:20 pm Implementing Unclaimed Property Policies & Procedures TUE 2:20-3:10 pm Technology & Unclaimed Property Filing TUE 3:20-4:15 pm Unclaimed Property State Specific Session WED 9:30-10:20 am Unclaimed Property Audit Part 1 WED 10:40-11:30 am Unclaimed Property Audit Part 2 WED 11:40 am - 12:30 pm The New VDA Landscape WED 1:30-2:20 pm Unclaimed Property Wrap Up for Today 1099 PRO Training Sessions IRSC/1099 PRO Demo Room is open Sunday 8:00 am to 2:00 pm, and Monday, Tuesday and Wednesday 8:00 am to 4:00 pm Beginner Intermediate Expert SUN 8:30 am - 2:00 pm IRS Compliance/1099 PRO Demo Room Demos from Vendors SUN 9:30-10:20 am TINCheck.com Review & Updates MON 9:00 am - 5:00 pm IRS Compliance/1099 PRO Demo Room Demos from Vendors MON 3:00-4:00 pm TIN Management Module 1099 PRO Corporate Suite TUE 8:30-9:20 am 1099 PRO CS Training Form Entry, Group Actions, Notes, Audit Trails, and Transactions TUE 8:30 am - 5:00 pm IRS Compliance/1099 PRO Demo Room Demos from Vendors TUE 1:30-2:20 pm 1099 Pro Training 1099 PRO CS ACA 1094/1095 Reporting TUE 3:20-4:15 pm 1099 Pro Training Statement Generation, Printing, Print Tracking and Management WED 8:30-9:20 am 1099 Pro Training Custom Queries, Custom View, Custom Report/Excel Export WED 11:40 am - 12:30 pm 1099 Pro Training ing and Web Presentment of Tax Forms WED 1:30-2:20 pm 1099 Pro Training Importing, Rules & Validation, and Transactions 1099 PRO clients are invited to attend and participate in our annual User Group Meeting and Lunch! Noon - 1:30 pm on Monday at the conference! IRSCompliance Regulatory Tax and Accounts Payable Conference

15 REGISTRATION Attendee Information First, M.I., Last Name: Title: Company: Billing Address: Ways to Register Visit Call Mail this form and payment to: IRSCompliance Inc. P.O. Box 1209 Bel Air, MD Phone + Ext: Fax: Emergency Contact + Phone Number: Special Dietary or Medical Needs: T-Shirt Size (unisex sizes): S M L XL 2X Payment Information Check Enclosed $ (Make checks payable to IRS Compliance, Inc. / U.S. Dollars) Credit Card: VISA MC Disc AmEx Credit Card Number: Name on Card: Exp. Date: CVV2 Code (located on back of card): Amount: Signature: Conference Registration Fee for Guests of the Conference Hotel* Register by July 31: $1,350 Register after July 31: $1,475 A 5% service and processing fee not included. *Additional registration fees apply for attendees not registered at The Disney World Yacht & Beach Club Resort. Any cancellation prior to July 15, 2015 will incur a $75 processing fee. No refunds will be issued after this date. Contact Pat Nelson for more information on our refund and cancellation policies or other concerns; 2015conference@irscompliance.org; IRSCompliance.org or IRS Compliance, Inc. are not affiliated with the United States Internal Revenue Service or any State Revenue or Taxing Agency. IRS Circular 230 Disclaimer: To ensure compliance with IRS Circular 230, any U.S. federal tax advice provided in this communication is not intended or written to be used, and it cannot be used by the recipient or any other taxpayer (i) for the purpose of avoiding tax penalties that may be imposed on the recipient or any other taxpayer, or (ii) in promoting, marketing or recommending to another party a partnership or other entity, investment plan, arrangement or other transaction addressed herein. September 13 16, 2015 Disney World Yacht & Beach Club Resort, Orlando, FL 15