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Handling W-9s, W-8BENs & IRS Mismatches

May 26 2:00 PM - May 26, 2021 3:30 PM
May 26, 2021 2:00 PM - 3:30 PM
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Properly setting up accounts for interest reporting is an important step when opening an account. Missteps, mistakes, and mismatches can be very expensive. Learn best practices for managing mismatches and increasing accuracy with W-9s and W-8BENs.

Learning Objectives

  • Properly set up accounts for interest reporting (W-9s and W-8BENs)
  • Respond to CP2100 with proper B notices
  • Understand how the IRS reads names and sets controls
  • Discuss how frontline procedures can cost big in the back-of-the-house operations
  • Manage disregarded entities such as LLCs
  • Identify who uses SSN or EIN on sole proprietors
  • Handle accountholder marriages or divorces
  • Report interest for nonresident aliens

IRS reporting begins at account set up. From new accounts to bookkeeping, improper procedures can result in thousands of dollars in IRS fines on interest reporting and liability. This program will teach you how to set up accounts for tax reporting. Learn how to work the mismatches so you don’t get fined. This is a must-attend program for the frontline and the back-of-the-house staff who manage the mismatches and CP2100 reports and B notices. 



Deborah Crawford, Gettechnical Inc

Deborah Crawford is the President of Gettechnical Inc., a Virginia/Florida based firm, specializing in the education of financial institutions across the nation. Her 30+ years of experience began at Hibernia National Bank in New Orleans. She graduated from Louisiana State University with both her bachelor’s and master’s degrees. Debbie specializes in the education of financial institution employees and officers in the areas of deposit account laws, new account documentation, insurance, complex compliance regulations, and IRAs.   




Additional Info

Event Type

On-Demand Webinar

Topics Covered

  • On-Demand Webinars
  • Operations
  • Member Service
  • Compliance