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Changes to IRS Forms W-8 and W-9: Keys to Stay Compliant

Summary

Webinar Recording

Recording Price: $199.00

(Includes Proprietary Materials)

The IRS has issued new W-8 and W-9 forms, including the development of the new Form W-8BEN-E for entities in preparation for the Foreign Account Tax Compliance Act (FATCA) due diligence requirements. How can you ensure error-free forms to avoid interest, tax, or penalties? Join us for an informative, 60-minute webinar and discover:

  • Key changes to forms W-8 & W-9
  • How to validate each new forms
  • Keys to properly navigating withholding requirements
  • Strategies to avoid costly penalties and audits

Program Highlights

  • Updates to Form W-9: Strategies to Navigate IRS Standards and Practices

    • How to accurately acquire information from payees
    • Determine which payments require a Form W-9
    • How to get the correct information from vendors the first time and on time
  • Key Changes to Forms W-8: What the IRS Expects for You to Know

    • When to use each form W-8: Scenarios to consider
    • How will the latest changes affect your business?
    • Ways to validate new Forms W-8
  • Best Practices for Implementing New Forms W-8 & W-9

    • Make a smooth transition into new filing requirements
    • Strategies to avoid IRS audits and hefty fines
    • How much tax should be withheld in various situations
  • Live Question & Answer Session - Have your questions answered by the expert!

About The Speaker

Kelli Wooten is Of Counsel to Burt, Staples & Maner, LLP and Vice President - Consulting for Compliance Technologies International, LLP. Prior to joining the firm, Ms. Wooten had an extensive and accomplished career at Procter & Gamble where she served in many capacities, including domestic and international tax compliance, audit and litigation, and indirect tax. While based at Procter & Gamble's world headquarters in Cincinnati, Ohio, Ms. Wooten was a Group Manager in the tax audit and litigation practice where she collaborated across multiple IRS teams to manage high profile issues such as technology donations and foreign tax credits.

Program Benefits

Join us for this 60-minute webinar will help you stay compliant on all changes made to forms W-8 and W-9 and provide best practices to apply in your day-to-day Accounts Payable and business procedures.