2021 - Non Resident Alien Payee (1042-S, W-8) - How to Handle the Information Reporting and Backup Withholding Requirements of the IRS

In just 2 hours you will gain the following insights:
Ensure compliance with IRS information reporting and backup withholding requirements for NRAs
Understand how to manage nonresident alien payee' tax issues efficiently
Develop an effective plan to improve your company's regulatory compliance
How to determine whether Nonresident Aliens are working for you
The five variations of Forms W-8, including the most recent addition - W-8BEN-E
How to determine which W-8 to provide to the NRA
How NRA individuals must support their claim of exemption from withholding
The best way to handle questions from NRAs who do not understand your requests or the forms
Tax treaties and how to use them to confirm a claim of exemption from or reduced rate of backup withholding
How to make your backup withholding deposits timely and keep the IRS from confusing them with your payroll tax and other withholding deposits
Form 1042-S and related forms for filing and reporting backup withholding on the Annual Withholding Tax Return