AP Compliance Reporting: Electronic W-8 and W-9 Reporting
Date: Mon, Nov 05, 2012
Time: 02:00 P.M. ET
Duration: 1 hour
CPE Credits: 1.0 CPE Credits
Category: Accounts Payable Compliance Reporting
Function: CFO, Controller, AP manager, Tax manager, Compliance director, Business owner
To fund the tax gap the Internal Revenue Service is paying special attention to under reported nonresident alien (NRA) income. As a result, companies that pay foreign vendors are coming under additional scrutiny. Learn how to use technology to validate and document Forms W-9 and W-8 to so your company stays compliant with tax information collection reporting.
This Webcast, led by nationally recognized tax reporting experts Kelli Wooten and Jill Dymtrow, focuses on companies that collect tax information forms from a significant number of vendors, as well as those companies with a tech-friendly vendor base.
The instructors will discuss how to use technology to handle the arduous manual task of validating paper tax forms and assigning withholding rates, as well as provide solutions for dealing with trouble spots associates with preparing IRS Forms W-9, W-8 and 8233.
During this Webcast, you will learn:
- What's required on the new W-8 form;
- Technical and procedural requirements for electronic W-8 forms;
- The memorandum of understanding (MOU) process with the IRS;
- Functional benefits of electronic W-8 and W-9 to your accounts payable and tax staffs; and
- The new validation requirements.
Please note that although an archive of this Webcast will be available after the live event, only attendees of the live Webcast will have the opportunity to earn continuing professional education (CPE) credit in connection with this on-line event.
About the Presenters
Jill Dymtrow is a vice president at Compliance Technologies International, LLP. Her expertise includes working with U.S. withholding agents and Qualified Intermediaries (QI) on compliance with Section 1441 rules. Prior to joining the law firm, Jill specialized in information reporting and withholding at PricewaterhouseCoopers (PwC), where she worked with foreign PwC offices and their clients.
Kelli Wooten is Of Counsel to Burt, Staples & Maner, LLP, and vice president - Consulting for Compliance Technologies International, LLP. Prior to taking on her current roles, Kelli had an extensive career with Procter & Gamble, where she served in many capacities, including those concerning domestic and international tax compliance; audit and litigation; and indirect tax.
About CFO Learning
- CFO Learning provides targeted training and education for corporate finance executives and their teams to help these professionals stay ahead of today's evolving business environment. Our training is delivered online, in-person, and in self-study formats and our presenters are leading experts experienced in providing efficient instruction to professionals.
Webcast Inquiries: For inquiries concerning this Webcast, please call (888) 250-5719.
Field of Study: Finance
Prerequisite: Registrants should be business or finance executives.
Advance Preparation: None required
Delivery Method: Group Internet-based
Recommended CPE Credit: 1
CFO Publishing 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 sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmartket.org