Ongoing IRS audits and recent changes in the law related to payments made to Non-US Persons means that the cost to your organization can be significant if it is not ready to accurately file Forms 1042/1042-S under Federal law. Start preparing for filing and reporting season now. Join us for a 100 minute webinar to discover:

• How to distinguish payments to US and Non-US Persons
• Ways to handle payee request for treaty benefits
• Key elements of the troublesome IRS source-income rule
  
• Updates on 1042/1042-S reporting regulations

Program Highlights:

IRS Form 1042-S Updates: What You Need to Know Right Now

• IRS form updates: How recent laws have changed W-8/1042-S
  
• How to fulfill reporting obligations via Form 1042, 1042-S

Avoiding Problematic Reporting & Withholding Issues: How to Ensure Error Free Filing

• Making payments to US & Non-US Persons: Keys to getting it right
• Ways to pin-point the key elements of the IRS source-income rule

Essential Checklist for Your 1042-S Filing. What To Know Before You Report

• Additional documentation issues of Foreign Status and Treaty Claims
• How to identify troublesome IRS source-income rule
• Ways to break down W-8/1042/1042-S payee & payment reporting  situations
• Avoiding penalties: Best practices for best results