W-8/1042-S Compliance When Making Payments to Non-U.S. Persons
Steven Mercatante
From: Jun 13, 2025 - To: Dec 31, 2022
From: Jun 13, 2025 - To: Dec 31, 2022
Recorded Webinar
Description
The IRS is heavily focusing its nonresident alien tax regulations compliance audits on accounts payable operations. If your organization outsources work to an overseas contractor, if you bring a foreign contractor in for short-term work, or if you are asked to pay a foreign consultant’s invoice, this one-day seminar will help you to make sense of the regulations surrounding payments to foreign vendors.
Agenda:-
- Learn to distinguish a 1042-S reportable non-resident alien payee from a 1099 reportable resident alien or U.S. citizen payee.
- Get tips on recognizing how to handle visas, green cards, and using the IRS substantial presence test to identify when a payment should be 1042-S or 1099 reportable.
- Discover why where the service is performed is so important to determine your 1042-S reporting responsibilities.
- Learn how to use Forms W-8 and 8233 to validate payee claims for treaty benefits.
- Address rules for 1042-S tax withholding and how to report it.
This class is right for you if:
- You make payments to foreign vendors and are confused as to how to validate Forms W-8 and 1042-S report those payments.
- You are concerned that your organization does not have appropriate policies in place for identifying when W-8 or 1042-S reporting situations arise.
- You have a solid understanding of 1099 reporting rules and want to get to the next level in terms of protecting your organization from an IRS audit.
Who Should Attend:-
- Accounts Payable Managers
- Tax Compliance Officers
- Payroll Professionals
- Controllers
- Finance Managers
- Internal Auditors
- CFOs
- Human Resources Managers
- Procurement Officers
- Legal and Compliance Professionals.
Training Options
* Or more than 6 attendee call us at +1 (855) 437-0705 or mail us at cs@ineducator.com
* For Cheque and ACH payment call us at +1 (855) 437-0705 or mail us at cs@ineducator.com
* Click to download the Order Form
