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

Summary

Live Webinar Recording

Recording Price: $199.00

(Includes Proprietary Materials)

Under U.S. federal tax law, businesses making certain payments must request Form W-9 or W-8, detailing specific information about the payee. However with the most recent updates to the Forms W-8, businesses must fully understand the new Form W-8 BEN-E. The IRS will be requiring that the new forms be used in 2014. How can you ensure a proper form that will not subject your company to penalties, interest or tax? Join us for this 60-minute webinar where you and your colleagues will discover:

  • What information must be included on each form?
  • Form W-9 and W-8 status requirements: Regulations for different types of businesses
  • Keys to properly navigating withholding requirements
  • Strategies to avoid costly penalties and audits
  • Form W-8-BEN vs. Form W-8-BEN-E

Program Highlights

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

    • How to accurately acquire information from payees
    • What you need to know about B-notices and TIN matching
    • Determine which payments require a Form W-9
  • IRS Forms W-8, W-8-BEN, & W-8-BEN E: What the IRS Expects for You to Know

    • How will the latest changes affect your business?
    • When is each form required?
    • How to get the correct information from vendors the first time and on time
  • Avoid Costly Penalties and Stay Compliant

    • 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.

  • Ms. Wooten spent three years in San Jose, Costa Rica, leading the development of a North American tax compliance operation in a shared service environment through the development of success metrics, process design, and organizational training, leveraging operational efficiencies and reducing costs while delivering best-in-class compliance services. While in Costa Rica, Ms. Wooten led a diverse staff in designing strategies for compliance with U.S. withholding and reporting requirements across both the financial services sectors (ISOP, Shareholder Services) and vendor payments.
  • 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 to discover the latest changes to IRS Forms W-9 and W-8.