information reporting

information reporting

Reports provided to the IRS but which do not carry with them any liability for income taxes from the reporting entity. Partnerships and subchapter S-corporations must file information returns,closing agents must report real property purchase price information regarding the seller (Form 1098), and real estate brokers must report earnings of their agents (Form 1099).

References in periodicals archive ?
15, 2015 /PRNewswire/ -- Convey Compliance Systems, LLC recently published two best practices reports based on the findings of their annual industry-wide tax information reporting (TIR) survey.
The regulations also clarify the rule that owners of disregarded entities--except for qualified subchapter S subsidiaries (QSubs)--are responsible for backup withholding and information reporting under Sec.
The IRS Information Reporting Program Advisory Committee provides a public forum for the IRS and members of the information reporting community in the private sector to discuss relevant information reporting issues.
In late October, the Information Reporting Program Advisory Committee (IRPAC) released its 2010 Report, which is an annual report that includes recommendations on a wide range of tax administration issues.
Efforts are continuing in an effort to ease some of the new Internal Revenue Service Form 1099 information reporting rules put in place by the health care reform law.
The IRS's Information Reporting Program Advisory Group is a committee of private sector representatives who meet to review and make recommendations to the IRS Commissioner about information reporting issues.
Financial executives, financial analysts, portfolio managers and others are all invited to attend a free day-long conference on how XBRL, a standard in business information reporting, will transform the way financial executives and buy--and sell-side analysts conduct analysis and report information.
Product Liability & Risk is described as a "complete product liability news and information reporting service.
This simplified EDS's treasury information reporting so reliable daily reports could be generated.
The FASB's goal in creating a Web site for FauxCom, as if it were a real company, is to invite comments on the Internet's role in business information reporting.
The two-hour program, a joint presentation by the GFOA and the Information Reporting Program (IRP) of the Internal Revenue Service (IRS), examined IRS Form 1099 information reporting for state and local governments.
NEW YORK -- Bank of America Merrill Lynch today announced it has completed the transition of all existing information reporting clients from various older systems to its new CashPro Information Reporting system with industry-leading capabilities.

Full browser ?