Training Products

1099 Resources for 2016

Resources for 1099 & 1042-S Compliance Take a minute to browse through the resources—some may only be available to AP & P2P Network members! Tools and Templates Calendar of 1099/1042-S Information Reporting Events will take you to a calendar resource showing all important filing deadlines. 1099 Information Return Reporting Templates will take you to these downloadable tools,… Read more »

2016 Master Guides

Get completely prepared for year-end reporting   IOFM’s Form 1099 and Form 1042-S Master Guide textbooks are your definitive resources for year-end reporting. Each book contains comprehensive information concerning IRS rules and regulations, step-by-step instructions for filing, compliance checklists, and a year-end review that will save you time and help you avoid penalties. The 2016 Master Guide to Form 1099… Read more »

1042-S Help Center

Training Resources The 2015 Master Guide to Form 1042-S Textbook Today there is a significant risk for a U.S. business that does not build thorough W-8 and 1042-S compliance into its processes for Ac­counts Payable, Tax, and Treasury operations. Even small companies today frequently contract with foreign businesses, borrow from foreign banks, pay royalties for foreign-held… Read more »

Master Guide to Form 1042-S Compliance

A decade ago, many U.S. businesses might have said they rarely paid foreign vendors, so the details of the tax requirements for IRS form W-8 and annual reporting to the IRS on Form 1042-S were not an important part of the payments process. But those days are behind us; in an increasingly global economy, most businesses… Read more »

1099 Help Center

Resources for 1099-Misc & 1042-S Compliance Take a minute to browse through the resources below and see what our members have access to!   Definitions and Explanations The Basics Form 1099-Misc Filing Basics 1099: What and Who are Reportable Filing Information Returns Electronically (FIRE) Correcting 1099s IRS TIN Matching Program 6050W Removes 1099 Reporting for P-card Users… Read more »

Master Guide to Form 1099 Compliance

 As closing the tax gap continues to occupy both Congress and the IRS, there are continued IRS enforcement efforts designed to increase reporting by payers, increase the withholding of federal tax where required, and produce more accurate reporting of income by taxpayers. The 2016 Master Guide to Form 1099 provides detailed instruction surrounding the reporting… Read more »

IRS Regulation Bootcamp Online

The 2016 FATCA updates are now in effect. Are you in compliance? This IRS Regulation Bootcamp covers Form 1042-S, 1042 and W-8 compliance, plus a look at Form W-9 and 1099-MISC compliance for 2016. Payments to foreign vendors and other foreign recipients are under IRS scrutiny as never before, with enforcement of the “withholding at… Read more »