IRW Coffee Break

 


 

Listen to KPMG IRW Coffee Break, a KPMGTaxRadio podcast series, to get the latest insights on IRW developments, compliance reminders, and compliance issues brought to you by Information Reporting & Withholding Tax professionals from KPMG Washington National Tax. 

 

Hosted by


 

Danielle Nishida

Danielle Nishida

Principal, Information Reporting & Withholding Tax, Washington National Tax, KPMG US

Laurie Hatten-Boyd

Laurie Hatten-Boyd

Principal, Information Reporting & Withholding Tax, Washington National Tax, KPMG US

Carson Le

Carson Le

Senior Manager, Information Reporting & Withholding Tax, Washington National Tax, KPMG US

 

Podcasts


 

Presumption Rules

September 13, 2022

Episode 12-2022 | Danielle Nishida and Carson Le | Discussion of the appropriate treatment of payees and account holders that fail to provide reliable tax documentation. [23:08]

Mergers and Acquisitions

August 16, 2022

Episode 11-2022 | Carson Le, Danielle Nishida, and Laurie Hatten-Boyd | Discussion of information reporting obligations after a merger or acquisition occurs. [15:36]

FBAR Requirements

July 14, 2022

Episode 10-2022 | Danielle Nishida, Steve Friedman, and Ted Jahn | Discussion about Report of Foreign Bank and Financial Accounts (FBAR) requirements. [13:24]

Responsible Officer (RO) Compliance

May 10, 2022

Episode 08-2022 | Danielle Nishida and Steve Vescio, head of Global Tax Services for Brown Brothers Harriman | Discussion about the measures an RO should take to ensure its financial institution is FATCA and CRS compliant. [24:22]

Forms 1042 and 1042-S Reporting Reminders

February 22, 2022

Episode 04-2022 | Carson Le and Jerry Khan, managing director and leader of the KPMG IRW practice Center of Excellence | This episode discusses Forms 1042 and 1042-S reporting and their particularities. [12:11]

1099 Reporting Reminders

January 18, 2022

Episode 01-2022 | Laurie Hatten-Boyd and Elis Prendergast | This episode reviews important reminders for the upcoming Form 1099 reporting period including current reporting deadlines, extension dates, and changes to the associated procedures. [12:27]

IRW Year-end Wrap Up

December 21, 2021

Episode 15-2021 | Danielle Nishida, Laurie Hatten-Boyd, and Carson Le | This special year-end wrap-up edition summarizes in a rapid-fire format the major IRW developments that took place during 2021 and discusses possible changes to come in 2022. [7:31]

IRW Legislation Update

December 15, 2021

Episode 14-2021 | Danielle Nishida, Laurie Hatten-Boyd | This podcast discusses the current state of recent and planned IRW legislation emphasizing the IRW impacts of the recently passed Infrastructure Bill, the pending Build Back Better Bill, and the other proposals made by the Biden Administration that have not yet surfaced in proposed legislation. [11:31]

New Crypto Reporting Rules

November 16, 2021

Episode 12-2021 | Danielle Nishida and Nelson Suit | This podcast discusses the new requirements for digital assets reporting in the Infrastructure Investment and Jobs Act that has now been signed into law. [15:22]

Section 6050W and Recent Changes

November 9, 2021

Episode 11-2021 | Laurie Hatten-Boyd and guest Kathy Sapios, Director and Head of US Advisory, Information Reporting at Amazon | This podcast discusses the general reporting requirements under section 6050W (Form 1099-K), recent changes to those requirements, and some of the practical and operational challenges with the regime. [15:55]

Disregarded Entities

October 19, 2021

Episode 10-2021 | Danielle Nishida and Carson Le | This podcast discusses entity classification and the documentation of disregarded entities for FATCA and CRS purposes. Hear details regarding how a disregarded entity should determine its FATCA and CRS status and how these entities should complete withholding certificates and self-certifications. [16:47]

New Draft of Form W-8IMY and Bermuda CRS Compliance Form

September 28, 2021

Episode 09-2021 | Danielle Nishida and Laurie Hatten-Boyd | This podcast discusses the updates included in the second Draft Form W-8IMY and instructions released on September 22, 2021. It also reviews the new Bermuda CRS compliance form and the differences between the Cayman Island and Bermuda forms. [16:04]

New Draft Forms W-8

September 14, 2021

Episode 08-2021 | Danielle Nishida and Laurie Hatten-Boyd | This podcast discusses Draft Forms W-8BEN, W-8BEN-E, W-8ECI, and W-8IMY and its instructions. [24:33]

Section 1446(f) Update: Notice 2021-51 and New Draft Forms W-8

August 31, 2021

Episode 07-2021 | Danielle Nishida and Phil Garlett | This podcast discusses Section 1446(f) issues affecting publicly traded partnerships in light of the recent implementation delay granted by Notice 2021-51. Proposed changes in the newly released Draft Forms W-8 are also discussed. [15:36]

Documentation Rules for Hybrid Entities

August 3, 2021

Episode 05-2021 | Danielle Nishida and Carson Le | This podcast discusses how withholding certificates should be completed when documenting hybrid and reverse hybrid entities. [11:48]

Discussion of the IRS Form 1042-S Software

July 13, 2021

Episode 03-2021 | Danielle Nishida and Jerry Khan | This podcast explores the IRS Foreign Payments Practice Data Integrity Software Pilot, providing a brief overview of the new IRS initiative that will enable withholding agents to scan their Forms 1042-S through an IRS automated system to identify errors prior to submission. [13:07]

IRW Implications of the Biden Tax Agenda (Part 2)

June 22, 2021

Episode 02-2021 | Danielle Nishida and Laurie Hatten-Boyd | This podcast further examines the information reporting and withholding (IRW) impact of the proposed changes to law included in the Biden administration’s tax agenda, including a brief overview of the proposed changes affecting documentation, reporting, and the treatment of carried interest. [13:27]

IRW Implications of the Biden Tax Agenda (Part 1)

June 8, 2021

Episode 01-2021 | Danielle Nishida and Laurie Hatten-Boyd | This podcast examines the information reporting and withholding (IRW) impact of the proposed changes to law included in the Biden administration’s tax agenda, including a brief overview of the proposed changes to the reporting of crypto assets and proposed enhancements to information reporting requirements. [10:48]

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