On Demand Webinar

W-8/1042-S Compliance When Making Payments to Non-U.S. Persons

Webinar Details $219

  • Rated:
  • Webinar Length: 100 Minutes
  • Guest Speaker:   Steven Mercatante
  • Topic:   Taxation and Accounting
All Access Membership

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.


  • 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 services is performed is so important to determine your 1042-S reporting responsibilities
  • Learn how to use the 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 if 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

Level: Intermediate
Format: Recorded webcast
Instructional Method: QAS Self Study
NASBA Field of Study: Accounting
Program Prerequisites: None
Advance Preparation: None

Guest Speaker

  • Steven Mercatante