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New W-8 & W-9 Requirements: Keep Compliant in 2018

Summary

Webinar Recording

Recording Price: $199.00

(Includes Proprietary Materials)

Changes made to forms W-8 and W-9 are now in effect and companies need to comply to avoid costly penalties. Form W-9s have new rules impacting the collection and validation of TIN's from certain payees. And, all W-8s have been revamped with important changes regarding documenting and validating payments of U.S. sourced income made to Non-Resident Alien payees.

These changes mean AP departments need to update their practices to stay compliant in 2018. Join us for expert guidance on what's required now. In this 60-minute program you and your team will learn:

  • Comprehensive overview of form changes and updates
  • Keys to regulating accurate withholding for payments
  • How to validate each form to ensure correct information
  • Essential Substitute Form guidelines to keep you compliant

Bonus: Name/TIN charts to identify which TIN is needed for each of your unique entity payees

Program Highlights

  • Form W-9 Changes: New IRS Standards and Requirements

    • How to accurately acquire information from payees
    • When you need and do not need to collect a Form W-9
    • Work effectively with vendors: Techniques for success
  • Form W-8 Updates: What the IRS Expects You to Know for 2018

    • When to use each form W-8: Cases to consider
    • How the changes can affect your business in the new year
    • Data points to capture from Forms W-8: Ensure compliance
  • Best Practices for Accurate Completion and Use of 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 for errors
  • 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.
  • He is also 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.

Program Benefits

Join us for this 60-minute webinar to discover how to stay compliant with IRS forms W-8 and W-9 and 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