1042-S Training

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 »

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 »