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Want to avoid IRS penalties for mistakes on Form 1099? Yes, make sure staff has exercised due diligence. Due Diligence involves a written Plan, training staff, and monitoring staff to determine if they have followed the plan. The Plan for accurate Forms 1099 is the development of procedures for an accurate Form W-9. Most mistakes that the IRS identifies on the Form 1099, originates in failure to follow W-9 procedures. IRS penalties not only cost money but also take up valuable time which translates to money.


  • Most common Form 1099 mistakes, development of best practices manual, A Plan
  • Contents of best practices manual
  • Duties of your W-9 expert
  • W-9 compliance steps
  • Identifying types of payments requiring a Form 1099
  • Identifying types of companies requiring a Form 1099
  • Maintaining records to prove due diligence was exercised


This course is designed to develop a plan and train and monitor staff to achieve due diligence.


  • Due Diligence best practices steps
  • Most common mismatch problems
  • How is a name/TIN mismatch identified
  • Use of IRS e-services to avoid mismatches
  • Review of W-9 solicitation requirements
  • Step by step review of Forms W-9
  • 2016 penalty increases against form 1099 preparer
  • Resources for W-9 and 1099 compliance


  • CPA, Attorney, EA Firms and Staff
  • Firm Accounts Payable Management or Staff
  • Owners, Shareholders of Small Businesses and Staff
  • Corporate Controllers, Accounts Payable, Financial Managers & Staff
  • Non-profit Controllers, Accounts Payable, Staff


Margie Faulk, PHR, SHRM-CP is a senior level human resources professional with over 14 years of HR management and compliance experience. A former Compliance Officer for a defense contracting technologies firm, Margie has worked as an HR and Compliance advisor for major corporations and small businesses in the small, large, private, public and Non-profit sectors. Margie is bilingual (Spanish) fluent and Bi-cultural. Margie’s focus is on multi-state, national, state and local workplace compliance. Additionally, Margie is working on International compliance initiatives like International Privacy Issues, Drafting & Implementing policies, Reviewing and Amending Global Employment Policies, Cross-Border Reductions in Force and Restructurings, Multi-jurisdictional employee investigations, Immigration, Global Diversity Programs, Expatriate Legal Issues and General Data Protection Regulations (GDPR). Margie has created and presented seminars/webinars for many compliance institutes. These national training providers, offer compliance training to professionals, business owners and companies interested in having their company compliant with workplace and industry regulations. Margie holds professional human resources certification (PHR) from the HR Certification Institution (HRCI) and SHRM-CP certification from Society for Human Resources Management. Margie has completed the Certified Compliance and Ethics Professional training and is a member of the Society of Corporate Compliance & Ethics (SCCE).

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