National Registry of CPE Sponsors

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The Form 1042-S & W-8 Update

Jan 30, 2025 by: MY-CPE LLC MY-CPE LLC
Do you have a plan to address IRS demands for backup withholding on payments made to Nonresident Aliens (NRAs)? As the IRS ramps up efforts to reduce the delinquent tax burden, it has identified compliance with NRA withholding as a top audit priority. While companies have made strides in 1099 reporting, many still struggle with the complexities of backup withholding and information reporting for N…
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