The constant changes around paying non-US entities continues to create significant challenges in accounting and finance. With an average fine cost of $150,000, you can't afford to miss your tax obligations or be out of compliance with the IRS. How can you get current on the most recent rules to ensure compliance and avoid hefty risks? Join us for this 60-minute event to discover:
How to distinguish payments to US and Non-US entities
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
IRS Form 1042-S Updates: Keys to Getting it Right for EOY 2017
IRS form updates: Recent legal changes impacting W-8, 1042-S
Documenting, reporting, and withholding on bundled payments
How to fulfill reporting obligations via Form 1042, 1042-S
Key practices to handle 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 2017 Year-End: Ensure Accuracy Before Filing
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 Q&A Session - Have your Paying Non-US Entities questions answered!
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.
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.