Issuers of 1099 Forms can adopt best practices and procedures that streamline the year end process and provide assurance that 1099s are correct, at least so far as vendor names and tax ID number (TINs) are concerned.
Accounts payable is not only responsible for control of cash paid by the business, but also handles sensitive vendor information such as tax ID numbers.
This webinar will cover the tax compliance for employee business expense reimbursements under both accountable and non-accountable employee business expense plans.