The Internal Revenue Service (IRS) has made some changes that will affect the Accounts Payable / Vendor Team for the Tax Year 2023 filing period. Join this session to learn which changes may affect what you collect from vendors and how your report to the IRS. Further learn what to look out for and when for changes that are still pending. A must session to know what changes may be upcoming from the IRS so that you can start planning now.
What you will learn:
- What the draft IRS Form W-9 looks like and what the differences are
- What changes are already here for the Transmitter Control Code (TCC)
- What the Threshold for 1099 Filing Will Be for Tax Year 2023
- What is Publication 1220 and Why You Need It Every Year