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Changes to IRS Forms W8 & W9: Keys to Stay Compliant

Summary

Live Webinar Recording

Recording Price: $199.00

(Includes Proprietary Materials)

Under U.S. federal tax law, A/P departments must select between Forms W-9, W-8 or W-8BEN for each payment. If these forms are not complete and correct, you could face significant penalties or fines. How can you and your company avoid penalties and interested while navigating through the legal minefield of forms W-8 and W-9? Join us for this 60-minute webinar where you and your colleagues will discover:

  • Key changes to forms W-8 & W-9: Everything you need to know
  • How to validate each new form to ensure you're in compliance
  • Essential substitute form guidelines and how you need to file
  • Proven strategies to avoid costly penalties and audits

Program Highlights

  • 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
    • Work effectively with vendors: Techniques for success
  • Form W-8: What the IRS Expects You to Know

    • When to use each form W-8: Scenarios to consider
    • Discover how the latest changes can affect your business
    • Ways to validate new form W-8: Ensure compliance
  • Best Practices for Implementing New Forms W-8 & W-9

    • Make a smooth transition from due diligence to reporting
    • Form W-8 & W-9 red flags: Spot them before it's too late
    • Keys to effectively validate and review your forms
  • Live Question & Answer Session - Have your questions answered by the expert!

About The Speaker

Jill Dymtrow is a Director of Client Services with Markit CTI Tax Solutions where she advises financial institutions and multi-national corporations on matters involving domestic and non-resident alien withholding and reporting issues.

  • Jill has extensive expertise in developing logic to automate both tax due diligence processes as well as reporting processes for clients and was a core member of the team developing Markit CTI Tax Solutions various product offerings.

Program Benefits

Join us for this 60-minute webinar to discover how to stay compliant with IRS forms W-8 and W-9, along with best practices to apply in your day-to-day accounts payable and business procedures.


Prerequisites

  • None

Delivery Method

  • Group Internet Based

NASBA Field Of Study

  • Accounting - Finance

Program Level

  • Basic Knowledge Required