News Feed »

National Mortgage News: Radian's Insurance Unit Redeems $325M Surplus Note Early  |  National Mortgage News: Demand Drove April's Home Price Increase: Case-Shiller  |  CFPB: Agencies Issue Proposal on Method to Adjust Thresholds for Exempting Certain Consumer Credit and Lease Transactions  |  National Mortgage News: Connecticut Agency to Sell $86M of Affordable Housing Bonds  |  Credit Union National Association: CUNA Lending Council seeks outstanding programs  |  Reverse Mortgage Daily: RMF Adds Anissa Palmatier to Third-Party Originations Team  |  National Mortgage News: Waldorf Astoria Said to Close in 2017 for Condo Rebuild  |  Credit Union National Association: Del. CUs unanimously OK merger with CCUA  |  

Purchasing Card Compliance with IRS Guidelines (MLC1401)

  Pre Recorded Webinar
  60 minutes
Multiple Participants?
Call 1-800-223-8720
for a group pricing

Understanding the Standard for 1099 Reporting With Brent Meyers

Are you meeting all the requirements for credit card reporting that the IRS has put forth? I hope the answer is yes, but many a times when faced with an audit, issues are found. There is a need to be armed with adequate information when facing potentially foreign territory. While the recent legislation form the Durbin amendment does not affect issuance or usage of credit cards, it has shown light on the entire process.

With the evolution of software systems by credit card issuers, compliance is becoming an easier process, but there are still many things that need to be reviewed at least monthly to make sure all requirements are being met. The dollar amount of the receipt is always a hot topic as well as the amount of food, travel, and lodging expenses that can be deducted as business expenses. These topics will be discussed by Brent Meyers in this session.

This webinar highlights the evolution of IRS involvement in the use of credit cards for business use, more commonly referred to as Purchasing Cards. As usage has increased in recent years, so has the governance of these transactions. Many changes have occurred or been proposed that haven’t been as publicized as needed. The goal of this webinar is to help uncover some of these changes so your business can operate smoothly in the credit card space.

Session Highlights:

Who should attend?

Members of National Association of Purchasing Card Professionals (NAPCP)

Order Form
*Single User Price. For multiple users please call 1-800-223-8720
You can also order through

Brent Meyers has extensive knowledge of the accounts payable process in today’s business environment.  He is responsible for business development and commercial card services within the Midwest Territory.  He specializes in Automated Accounts Payable, regulation compliance, and expen... More info

Disclaimer: The content herein does not represent any association between CFPB and Eli Financial LLC. CFPB neither endorses any product of Eli Financial LLC nor warrants accuracy of the content hereto.

We Also Recommend