Nov 13, 2018 14:00
The Internal Revenue Service (IRS) has recently updated its Internal Revenue Manual (IRM) for conducting Form 1042 audits and announced a new campaign targeting compliance with the Foreign Account Tax Compliance Act (FATCA). The agents the IRS has spent the past several years hiring and training are now busy conducting audits of both financial institutions and other U.S. withholding agents.
KPMG LLP (KPMG) is pleased to invite you to a TaxWatch Webcast that will provide a summary of key tax developments in 2018 for information reporting and withholding (IRW), the related IRW compliance successes and challenges, and what can be done to mitigate upcoming filing season struggles. Professionals from KPMG’s Information Reporting & Withholding Tax Services practice, including Cyrus Daftary, Laurie Hatten-Boyd, Danielle Nishida, and Kelli Wooten, discuss: