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Paying Non-US Entities: Updated Keys to IRS Compliance


Webinar Recording

Recording Price: $199.00

(Includes Proprietary Materials)

When it comes to paying non-US entities, there is only one constant: change. What you last learned is now void as the IRS has changed the form more than 30 times - and with 26 pages of instructions, it's no wonder it's difficult to remain complaint. But you can't risk the costs - an average of $150,000. Join us for a live, 60-minute webinar to discover:

  • How to distinguish payments to US and Non-US persons
  • Ways to handle payee request for treaty benefits
  • Key elements of the troublesome IRS source-income rule
  • Keep up-to-date on all the latest 1042-2 corrections

Program Highlights

  • IRS Form 1042-S Updates: What You Need to Know Right Now

    • IRS form updates: How recent laws have changed W-8, 1042-S
    • Documenting, reporting, and withholding on bundled payments
    • How to fulfill reporting obligations via Form 1042, 1042-S
    • Ways your A/P processes can reflect FATCA withholding rules
  • Avoiding Problematic Reporting & Withholding Issues: How to Ensure Error-Free Filing

    • Making payments to US & Non-US Persons: Keys to getting it right
    • Best ways for handling extension requirements for 1042-S
    • Pin-point the key elements of the IRS source-income rule: Stay compliant
    • Identifying the correct amount of U.S. tax withholding on payments
  • Essential Checklist for Your 2016 Year-End: Know Before You Go

    • Tips to balance your 1042-S returns with your company's Form 1042
    • Additional documentation issues of Foreign Status and Treaty Claims
    • Breaking down W-8,1042,1042-S payee & payment reporting situations
    • Avoiding penalties in the event of an audit: Best practices for best results
  • Live Question & Answer Session - Have your questions answered by the expert!

About The Speaker

Steven Mercatante is the principal and founder of TIR Consulting, LLC. He is a nationally recognized leader in tax reporting education and consulting on specialized compliance issues. He has conducted on-site consultation for corporate clients from across the world and led countless seminars and webinars for Convey Compliance Systems, IAPP, Balance Consulting, The Accounts Payable Network, and Accounts Payable Now and Tomorrow.

  • Mr. Mercatante is a published author, with numerous articles published on tax and financial law, and he has authored and published a series of tax guides on topics such as: W-9/1099 & W-8/1042-S compliance and reporting, payment cards, U.S. State & Local Reporting, worker compensation issues, international tax compliance, and more.
  • Prior to specializing in regulatory law Steven's legal experience concentrated on corporate and transactional matters, civil litigation, and probate and estate matters.

Program Benefits

This practical 60-minute webinar will provide you and your colleagues with the information you need to keep your organization in compliance with the IRS when making NRA vendor payments.


  • None

Delivery Method

  • Group Internet Based

NASBA Field Of Study

  • Accounting - Finance

Program Level

  • Basic Knowledge Required