Handling CP2100 & CP2100A Notices: Ensure Compliance, Avoid Penalties
The IRS sends out CP2100 and CP2100A notices twice a year for errors made on 1099 statements, and the next round is about to go out.
If proper steps to mitigate errors or to comply with the notice aren’t taken, costly penalties can be assessed against your company. In this 90-minute, instructor-led event you’ll discover what will trigger a notice and what you need to do next.
Join us to discover:
- What will cause your company to receive a CP2100 or CP2100A notice
- Step-by-step procedures required to comply with IRS regulations
- Potential penalties, fines, and interest that can be assessed
- Guidelines to mitigate errors and prevent future occurrences
Understanding CP2100 and CP2100A Notices
- Overview of CP2100 and CP2100A notices
- Reasons for receiving a CP2100 or CP2100A notice
- Release frequency by the IRS
- Is a CP2100 and a “B-Notice” the same thing?
- The 972CG and how it differs from a CP2100
Responding to Notices and Mitigating Errors
- 12-step procedure required for IRS compliance
- Proactive measures to prevent receiving CP2100 or CP2100A
- Benefits of creating a Compliance Guide Logbook
- Dealing with vendors who refuse to provide W-9 forms
- Handling situations when company files are out of compliance
Question & Answer Session – have your specific question answered!
About the Speaker
Pamela Fagan Shull is president of Audit Business Services, Inc. She is a management consultant and compliance auditor to government, business, and associations with global perspective. She has fifty years of experience in human resources, payroll, management, accounting and finance. She has been an Executive Vice-President for a manufacturing plant; director of accounting and personnel, and CEO for a nationwide rental company, business manager for a non-profit opera company; and currently is the operations director for a Native American non-profit organization.
- Pamela has been a trainer/presenter for multiple training companies for the last 27 years. Her topics have included accounting, payroll, human resources, communication and time management, safety, computer courses and administrative/management classes. She is a specialist in all 50 states and Canada employment, labor and tax laws.
- She is a member of the Society for Human Resource Management, and a member of the American Payroll Association. She has her SPHR certification with SHRM, CPP (certified payroll professional) certification with American Payroll Association, TFOC (tribal finance officers certification) with Native American Finance Officers Association, and her THRC (tribal human resources certification).
In this compliance-based, 90-minute program, you will learn why your company would receive a CP2100 or CP2100A notice, how to respond, and steps to prevent future errors that trigger a “proposed penalty notice.”
If you'd like this program customized for your organization, call us at 1-800-964-6033. We're certain we can fulfill your training needs, while making it fit in your budget!
Premier Learning Solutions is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP® or SHRM-SCP®. This program is valid for 1 PDCs for the SHRM-CP® or SHRM-SCP®. For more information about certification or recertification, please visit www.shrmcertification.org.
This program has been approved for 1 (HR (General)) recertification credit hour toward aPHRTM, aPHRiTM, PHR®, PHRca®, SPHR®, GPHR®, PHRiTM and SPHRiTM recertification through the HR Certification Institute. Learn more at hrci.org