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Form W-9: Payee Identification and Tax Determination

July 30, 2020 1:00 PM EST | 02:40 PM EST

Training Duration = 90 min              Sponsored by Lorman

Click Here to register $219.00

Click Here to register and receive downloadable recording $288.00

Prevent costly penalties and learn how to safely manage requirements and procedures surrounding Form W-9.

In recent years, the IRS has stepped up its compliance efforts in the area of information reporting and withholding, including Forms 1099 and backup withholding. The Service has greatly enhanced its technological capabilities and more companies are now receiving automated notices and penalties for noncompliance. This topic will help U.S. withholding agents better understand the requirements for collecting and validating Forms W-9 and correctly reporting the information on a Form 1099. It will also address common mistakes and best practices to enhance operational efficiency and avoid penalties. In situations where the IRS has already issued a penalty notice, the material will also discuss the strategies and procedures for drafting a response.

Learning Objectives

  • You will be able to define who is considered an exempt recipient for Form 1099 reporting.
  • You will be able to describe the different types of Form 1099 reporting.
  • You will be able to discuss the benefits of using the IRS’s TIN matching program.
  • You will be able to explain the penalties that may be assessed if Form 1099 reporting is not performed correctly.


Due Diligence
  • Documenting U.S. Persons
  • Form W-9 Validation and Common Mistakes
  • Determining Who to Report
  • Deadlines and Extensions
Backup Withholding  
  • B Notices
  • TIN Matching
  • Deposits
  • Penalty Notices
  • Penalty Abatement

Andrew McQuilkin


  • Manager at KPMG LLP in Boston
  • Practice emphasizes all aspects of information reporting and withholding
  • Conducts regular seminars and workshops on numerous issues related to domestic and international information reporting and technology solutions for compliance
  • Member, Massachusetts Bar. Patent Attorney, U.S. Patent and Trademark Office
  • J.D. degree, Suffolk University School of Law; B.S. degree, in Computer Science, University of Massachusetts Amherst
  • Can be contacted at 617-988-5857 or