From CRS headlines to IRS updates, DAC7 bulletins, and everything in between, our platform serves as your one-stop resource for all things related to information reporting and withholding. Whether you’re a seasoned professional or new to the field, our extensive coverage caters to all levels of expertise, offering valuable insights and analysis to help you stay ahead of the curve. One of our primary focuses is ensuring that we cover the latest IRS form revisions comprehensively. This includes essential forms such as Form W-9, W-8, 1042, 1042-S, self-certifications, and more. Our team of industry experts works tirelessly to provide in-depth coverage of these revisions, ensuring that you have a clear understanding of their implications and how they may impact your compliance efforts.
From CRS headlines to IRS updates, DAC7 bulletins, and everything in between, our platform serves as your one-stop resource for all things related to information reporting and withholding. Whether you’re a seasoned professional or new to the field, our extensive coverage caters to all levels of expertise, offering valuable insights and analysis to help you stay ahead of the curve.
One of our primary focuses is ensuring that we cover the latest IRS form revisions comprehensively. This includes essential forms such as Form W-9, W-8, 1042, 1042-S, self-certifications, and more. Our team of industry experts works tirelessly to provide in-depth coverage of these revisions, ensuring that you have a clear understanding of their implications and how they may impact your compliance efforts.
In this article, we will examine the electronic filing requirements for 2023. On Tuesday, February 21, 2023. The IRS released final regulations amending the rules for
In case you missed it, the Internal Revenue Service Advisory Council (IRSAC) published its November 2021 report. In it, there are a number of issues relevant
On June 10, 2021, the IRS published Notice 2021-36, stating that it intends to amend regulations under sections 59A and 6038A to defer the applicability date
When filers submit U.S. tax or information returns with a missing or incorrect taxpayer identification number (TIN), how do they know whether they are in a
With the possibility of penalty notices for 2020 information returns just around the corner, filers should consider their potential arguments to establish reasonable cause…
Don’t forget that filers with an information reporting failure penalty that is due to reasonable cause and not wilful neglect may be able to waive that
Any persons who may be considered a middleman and obligated to perform U.S. tax information reporting or any payor making payments to a third party or
All parties dealing with the current rules under chapters 3 and 4 who have been waiting for guidance on many issues will want to keep some
Learn how to respond to IRS B Notices, including CP2100 and CP2100A notices, TIN mismatches, backup withholding, and First and Second B Notices.