The straight line

Monthly Archives: July 2013

Form W-9 Policy Review

Now would be an excellent time to review your policy regarding W-9 forms. To be fully compliant with IRS regulations, a W-9 form should be on file for any non-employee who receives a check from the cooperative. This form should be legible such that the name, address, EIN, and SSN can be easily read. It should also be signed.

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Daniel Gardiner Memorial Scholarship Winners

Each year Gardiner Thomsen, CPAs offers 2 “Daniel Gardiner Memorial” scholarships in honor of my dad, the founder of Gardiner Thomsen. The scholarships are awarded to this year’s graduates from Waukee High School, and who plan to attend a post-secondary school to pursue a degree in accounting.

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2013 Cyber Crime Conference

Video PowerPoint Did you miss our Cyber Crime conference back in April? No worries! Click the links above to see a video of the conference, or the PowerPoint link above to get the slides.  

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Civil Penalty Notices from the IRS

The IRS continues to send out notices to cooperatives, indicating a problem with EIN’s and SSN’s on 1099’s issued for prior tax years. If not handled in a timely manner, these will eventually result in a penalty assessment, and in some cases, a direct levy of funds.

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