Scivantage to hold Webinar on Form 1042-S Reporting on June 11
Brokers and other withholding agents managing Form 1042-S reporting for non-US account holders are often stunned by the form’s complexity. Already complicated nonresident alien withholding rules, requiring the application of tax treaties and the distinguishing between the myriads of income and exemption codes, are now layered with new considerations of even more codes to accommodate FATCA rules. At the same time, the IRS is pursuing a new campaign to step up enforcement of Form 1042/Form 1042-S compliance. With the 2018 Form 1042-S filing season behind us, Scivantage invites you to join a webinar discussing a few lessons from this past filing season and a look forward to next year’s Form 1042-S reporting. The June 11th webinar will provide information on: 1) 2019 changes to Form 1042-S, 2) Current State of Foreign TIN Reporting, 3) Common Pitfalls, 4) Potential enhancements to Form 1042-S. To join the June 11 (1:15 pm) webinar, please click here.