Information Reporting and Withholding: This Year and Next
Information Reporting and Withholding: This Year and Next
WEBCAST

Information Reporting and Withholding: This Year and Next

Nov 13, 2018 14:00

Webcast Overview:

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:

  • Key updates from the IRM for Form 1042 audits.
  • How to help ensure your organization is prepared for IRW audits.
  • What to do now to mitigate struggles during the upcoming filing season, particularly as the IRS has now removed the automatic 30-day extension for Form 1099-MISC reporting of non-employee compensation.
  • Anticipated developments in the IRW space for 2019.

Speakers:

Cyrus Daftary

Cyrus Daftary

Principal, Information Reporting & Withholding Tax Services, KPMG LLP (U.S.)

Laurie Hatten-Boyd

Laurie Hatten-Boyd

Principal, Information Reporting & Withholding Tax Services, Washington National Tax, KPMG LLP (U.S.)

Danielle Nishida

Danielle Nishida

Principal, Information Reporting & Withholding Tax Services, Washington National Tax, KPMG LLP (U.S.)

Kelli Wooten

Kelli Wooten

Managing Director, Tax, KPMG (US)