W-8/1042-S Compliance When Making Payments to Non-U.S. Persons

Live Webinar or Recording

June 5, 2025, 2:00 pm - 3:40 pm Eastern

Credit: ATATX: 1.5, CPE: 2, IRS: 2 (Live Only)

The IRS is heavily focusing its nonresident alien tax regulations compliance audits on accounts payable operations. If your organization outsources work to an overseas contractor, if you bring a foreign contractor in for short-term work, or if you are asked to pay a foreign consultant’s invoice, this one-day seminar will help you to make sense of the regulations surrounding payments to foreign vendors.

Your Benefits For Attending:

• Learn to distinguish a 1042-S reportable non-resident alien payee from a 1099 reportable resident alien or U.S. citizen payee.
• Get tips on recognizing how to handle visas, green cards, and using the IRS substantial presence test to identify when a payment should be 1042-S or 1099 reportable.
• Discover why where the service is performed is so important to determine your 1042-S reporting responsibilities.
• Learn how to use Forms W-8 and 8233 to validate payee claims for treaty benefits.
• Address rules for 1042-S tax withholding and how to report it.

This class is right for you if:

• You make payments to foreign vendors and are confused as to how to validate Forms W-8 and 1042-S report those payments.
• You are concerned that your organization does not have appropriate policies in place for identifying when W-8 or 1042-S reporting situations arise.
• You have a solid understanding of 1099 reporting rules and want to get to the next level in terms of protecting your organization from an IRS audit.

Level: Intermediate
NASBA Field of Study: Accounting
Program Prerequisites: None
Advance Preparation: None

Guest Speaker: Steven Mercatante - TIR Consulting LLC

Level: Basic

Format: Live Webcast

Field of Study: Taxes

Program Prerequisites: None

Advanced Preparation: None

Aurora Training Advantage is offering continuing education points designed to recognize dedication to training and excellence in accounting.

Aurora Training Advantage is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

For more information regarding administrative policies such as complaint and refund, and cancellation please contact our offices at 407-542-4317 or training@auroratrainingadvantage.com.