IRS Information Reporting: Rules and Forms

Date:

Dec 16, 2025

Register

It's that time of the year again – when thoughts turn to holiday parties and gift-giving… no, really, IRS reporting issues and the myriad rules to follow and forms to complete! Although much less fun, it’s always necessary to stay on top of the many issues when it comes to tax reporting for financial institutions.

Agenda

December 16, 2025
2:30pm - 4:30pm EST

In this webinar, learn about the rules around tax reporting, including Taxpayer Identification Numbers (TINs), as well as the many forms financial institutions must report, with an emphasis on when and exactly what to report. We’ll talk about a few updates to the rules (specifically around IRA reporting), as well. Many resources and website links will also be provided to make compliance efforts easier.

Topics

What You'll Learn

  • The multitude of IRS resources available online, and where to find them (as well as how to read them)
  • Taxpayer Identification Numbers – soliciting them, reporting issues, mismatches from the IRS and what to do (includes truncation options)
  • Backup withholding – "B" notices: what to do and when
  • 1099 reporting – its many and various forms, from interest and dividend income, abandoned and foreclosed property, IRA distributions, debt cancellation, and miscellaneous reporting
  • 1099-C Discharge of Debt rules
  • 1098s - what amount is reportable here? How about points? What is a qualifying mortgage?
  • IRA reporting - 5498s and the 1099-R (including a new requirement)
  • Timing requirements for the various forms
  • Penalties for noncompliance and failure to file
  • Changes in reporting requirements for tax year 2021
  • The Foreign Account Tax Compliance Act (FATCA) - what it is and what you have to do about it
Speaker(s)

Carl Pry
Asurity Advisors

Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who is a Senior Advisor for Asurity Advisors in Washington, DC. Through his more than 35-year working career, as well as through his experience as a banking attorney and officer, he has provided a variety of regulatory compliance and financial performance services to financial institutions and other clients throughout the country. He has written extensively regarding consumer and commercial compliance, tax, audit, and financial institution legal issues, and is a frequent contributor to and currently serves as the Chair of the Editorial Advisory Board for the ABA Bank Compliance magazine. He has spoken at scores of banking, compliance, and state bar associations, and has conducted training sessions for financial institutions across the country.

Additional Information

Who Should Attend?

Anyone in your institution with responsibility for collecting tax information, filing various IRS forms, or someone who must be aware of TIN requirements, including senior management, operations personnel, and back-room personnel, plus compliance officers, auditors, and attorneys, will benefit from this session.

Fees

Live Webinar - $299.00

  • Live Access
  • 30 Days OnDemand Playback
  • Presenter Materials and Handouts

Available Upgrades

  • 12 Months OnDemand Playback - $120.00
  • 12 Months OnDemand Playback + Digital Download - $150.00
  • Additional Live Access - $125.00 per person

**100% surcharge applied to non-members.

Association Contact

Katie Yates
Education Coordinator
o: 317-387-9380
d: 317-333-7162
kyates@indiana.bank