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Event Date Mon Feb 24 EST (almost 2 years ago)
Region All
Details

Interest reporting season is upon us and new rules effective January 1, 2020, may impact withholdings for nonresident alien accounts. IRS Publication 515 2019 requires that a W-8BEN contain the individual accountholder’s date of birth and foreign tax identification number to be valid. Are your W-8BENs up-to-date? Learn the IRS regulations and the steps needed now to ensure your interest reporting is accurate before 1042-S forms are sent and filed.

You’ll also learn how to effectively identify nonresident aliens, conduct enhanced due diligence at account opening, and appropriately monitor these high-risk relationships. Sample language, tips, and tools to update your policies and procedures will be provided. Don’t miss this jam-packed webinar!

Attendance certificate provided to self-report CE credits.

Who should attend?
This informative session is a must for compliance officers, BSA officers, branch managers, new account representatives, and staff who prepare tax documents.

Speakers

2020 Presenter

Dawn Kincaid
Compliance Consultant, Brode Consulting Services, Inc.