Do you have the necessary procedures and information to deal with the complicated issues in IRS Form 1099 reporting and tax withholding that surround payments to attorneys, and legal settlements payable to claimants or their attorneys? This program will cover:
- Which payments are taxable and reportable – and which can be exempted from reporting
- What information you need to determine whether payments to attorneys require Form 1099 reporting, and when the payments are reportable to their clients
- How and when backup withholding of federal income tax must be applied to attorney and settlement payments
- How the attorney reporting regulations apply to garnishment payments
- When reporting is required on IRS Form 1099-INT or Form W-2.
- Analyze settlement payment facts to identify whether IRS Form 1099-MISC, 1099-INT, W-2 – or a combination of these – is required.
Marianne Couch, JD - Principal, Cokala Tax Information Reporting Solutions, LLC
Marianne Couch, JD, is a Principal in the Cokala tax group and an experienced and well-known advisor on U.S. federal and state tax information reporting compliance. She is a frequent lecturer at major tax conferences and the author of The Master Guide to Form 1099 Compliance, The Master Guide to Form 1042-S Compliance and numerous published articles. Prior to co-founding Cokala in 2007, she was for many years the Research Director of the tax reporting specialty firm Balance Consulting, and chaired special training and advisory services provided to large organizations and academic and nonprofit institutions.
Marianne was an appointee for three years to the IRS Commissioner’s Information Reporting Program Advisory Committee (IRPAC), where she was Chair of the IRPAC Subcommittee on Small Business and Self-Employed (SBSE) tax issues.
Marianne formerly served as a Research Attorney for the Michigan Court of Appeals, and earlier as a litigator for a large Michigan law firm, where she represented individuals and large clients in many types of civil actions. She received her JD, cum laude, from the Michigan State University School of Law, and is a member of the State Bar of Michigan.
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