IRS Reporting, B Notices, Fines & Penalty Letters
On-Demand Webinar:
StreamedNov 9, 2022Duration90 minutes
- Unlimited & shareable access starting two business days after live stream
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
Year-end predictably brings IRS reporting requirements and deadlines.
This
timely training will help you master W-9s, W-8BENs, CP2100 and B notices, and
comply with FATCA. Now’s the time to master
best practices for compliance and efficiency.
WEBINAR
HIGHLIGHTS:
- W-9 line-by-line review
- W-9 and FATCA exemption codes
- SSNs, ITINs, and EINs – who needs what
- Reporting on Forms 1099-INT and 1042-S
- How to handle name and TIN mismatches
- CP2100 and B notices and penalty letters with fines
- How the IRS sets up name control files
- Line-by-line instruction on the W-8BEN and W-8BEN-E
- What is a nonresident alien? What if there is no country address?
- FATCA basics and how it impacts your organization
- Documenting GIIN for foreign financial institutions
WEBINAR DETAILS
This program will provide a line-by-line review of IRS
Forms 1099-INT and 1042-S and
subsequent tax reporting. It will focus
on what financial institutions have to do from the tax reporting and
documentation standpoint to be prepared for FATCA. The program will also address the impact on
1042-S reporting changes for nonresident aliens. Your job as a withholding agent
has never been so important and the forms emphasize your important role in the
tax reporting chain that affects this country and accounts for US persons
overseas.
WHO SHOULD ATTEND?
This webinar is designed
for deposit operations staff, deposit compliance personnel, new account
representatives, bookkeepers, IRS reporting specialists, and anyone who opens
accounts or reports interest to the IRS.
TAKE-AWAY TOOLKIT
- Withholding manual
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to
copyright. Transmission, retransmission, or republishing of any webinar to
other institutions or those not employed by your institution is prohibited.
Print materials may be copied for eligible participants only.
Presented By
Gettechnical, Inc.
© 2023 FINANCIAL EDUCATION & DEVELOPMENT, INC