OverviewPayroll is considered both a human resources and a financial management function. Companies choose what makes sense for how they do business on which function payroll reports to. No matter how your company has chosen its structure for reporting purposes, payroll professionals need to interact with the AP department for all kinds of payments and reporting requirements. This shared partnership is critical for any business to stay compliant and minimize reporting and payment mistakes.Why Should You AttendDetailed discussion on the difference between the 1099 and the IRS Form W-2 and which department should report whatDiscussion on employee versus independent contractor and how to tell the differenceDirector Fee payments and how to handle them correctlyDeath payments and what is reported by payroll and what AP should reportAreas Covered in this WebinarLegal Settlement Payments and how those should be paid and reported by AP payrollHow to best handle business expenses along with taxability concernsReview of the cost of non-compliance for tax withholding and tax reporting purposesWhat does each department need from each other to be successfulDiscuss fringe benefits and the impactIRS Form W-9 what it is and who should be responsible for itCommon mistakes each department makes that can be costly to the companyLearning ObjectivesThis webinar will give you insight on best practices for working together to achieve the shared goal of compliance for your company.Who Will BenefitControllersAccounting ProfessionalsPayroll Tax ProfessionalsPayroll ProfessionalsFinance & accounting managementCompliance professionalsLevelBeginner