189.00 Dollar US$ Form W-8 & 1042-S Nonresident Alien Reporting Compliance Update Middletown
- Location: Middletown, Middletown, DE
Overview
Do you have a plan to deal with IRS demands for backup withholding if you failed to deduct from payments to Nonresident Aliens' (NRAs)? The IRS is working hard to reduce the delinquent tax burden. They know companies are becoming relatively compliant with 1099 reporting, but they also understand that companies and their advisors are less sure when it comes to identifying and performing backup withholding on NRAs. Collecting the tax due from NRAs working in the U.S. is an IRS Tier 1 audit issue.
Areas Covered in the Session:
Ensure compliance with IRS information reporting and backup withholding requirements for NRAs
Understand how to manage nonresident alien payee' tax issues efficiently
Develop an effective plan to improve your company's regulatory compliance
How to determine whether Nonresident Aliens are working for you
The five variations of Forms W-8, including the most recent addition -W-8BEN-E
How to determine which W-8 to provide to the NRA
How NRA individuals must support their claim of exemption from withholding
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