IRS Reporting Requirements: 1098s, 1099s, TINs & Backup Withholding

$245 Tuesday, December 3, 2019 2:00 PM Register

As this tax year closes, ensure you understand all the guidelines, deadlines, and forms that affect your institution’s IRS reporting requirements.


  • Reference guidelines for determining reporting requirements
  • Understand back-up withholding issues
  • Obtain taxpayer identification numbers (TINs)
  • Navigate IRS forms, procedures, and landmines, including
  • 1098
  • 1099-A & C
  • 1099-INT
  • 1099-MISC
  • 1099-R
  • 1042
  • Meet reporting deadlines
  • Use best practices

It’s been said that no job is finished until the paperwork is done, and that is certainly true for your IRS reporting responsibilities.  Borrowers need to know you are complying with all the applicable rules and timelines in this essential operations area.  As the end of this tax year approaches, ensure you understand all the guidelines, deadlines, and forms that affect your institution’s IRS reporting requirements.  

Whether it is reporting interest earned on deposit accounts or paid on real estate loans, mandatory minimum distributions on IRAs, contractor payments, or declaring a debt canceled, the IRS expects your institution to get it right every time.  But what impact do changes in staff, management, business lines, or core processing systems have on your ability to comply with these technical requirements?  Is there a way you can save time, effort, and headaches within your IRS reporting compliance program?  Can you leverage your data processing system to save time and effort?  Join us to learn about the world of IRS reporting and best practices for compliance and efficiency.

This informative session is designed for executives, senior management, compliance staff, lenders, internal auditors, operations staff, and anyone involved with IRS requirements.


  • IRS guidance
  • Employee training log
  • Interactive quiz

David A. Reed, JD, Reed & Jolly, PLLC
Attorney, author, consultant, and nationally-recognized speaker, David Reed is a partner in the law firm of Reed & Jolly, PLLC.  He provides guidance to financial institutions on establishment and revision of policies and procedures, organizational compliance, collections, security, contractual agreements, regulatory matters, and corporate governance.  His engaging speaking style has made him a nationwide lecturer on regulatory compliance, consumer lending, bankruptcy, and collections.  

A former trial attorney and vice president and general counsel of a large regional financial institution, David is also a Certified Fraud Examiner.  He is particularly known as an expert in the areas of operations, bankruptcy, and collections.  He has trained state and federal examination staff on numerous issues, including BSA, ID theft red flags, SAFE Act, third-party contract management, and bankruptcy.

$245 Tuesday, December 3, 2019 2:00 PM Register