Withholding on Foreign Athletics and Entertainers - Special Withholding Rules

$49.00

 

Target Audience:  CPAs, EAs, RTRPs 

Field of Study: Taxation (NASBA); Federal Tax (IRS)

Seminar Level: Beginner

 

 


 

IMPORTANT INFORMATION REGARDING CPE CREDIT: THE IRS RETURN PREPARER OFFICE ACCEPTS THIS SEMINAR FOR ONE (1) CONTINUING PROFESSIONAL EDUCATION (CPE) CREDIT FOR ENROLLED AGENTS (EA). IF YOU ARE NOT AN ENROLLED AGENT, PLEASE CONSULT WITH YOUR RESPECTIVE STATE LICENSING AGENCY REGARDING ACCEPTABILITY OF THIS CREDIT. 

IRS COMMUNICATIONS AND LIAISON IS REGISTERED WITH THE NATIONAL ASSOCIATION OF STATE BOARDS OF ACCOUNTANCY (NASBA) AS A SPONSOR OF CONTINUING PROFESSIONAL EDUCATION ON THE NATIONAL REGISTRY OF CPE SPONSORS. STATE BOARDS OF ACCOUNTANCY HAVE FINAL AUTHORITY ON THE ACCEPTANCE OF INDIVIDUAL COURSES FOR CPE CREDIT. COMPLAINTS REGARDING REGISTERED SPONSORS MAY BE SUBMITTED TO THE NATIONAL REGISTRY OF CPE SPONSORS THROUGH ITS WEBSITE: WWW.LEARNINGMARKET.ORG.

DISCLAIMER: THIS SEMINAR WAS FILMED IN ORLANDO, FLORIDA, ON July 28, 2010, AND THE INFORMATION WAS CORRECT AT THE TIME OF RECORDING.

 

The Large Business and International operating division delivered this seminar at the IRS Nationwide Tax Forum in Orlando, Florida, in July 2010.

Gillian bought a ticket to see "The Celtic Blast," the newest rock sensation from Ireland, when they appeared in concert at her small college in Iowa. Is Gillian a withholding agent? Each year, over 100,000 non-resident alien (NRA) athletes and entertainers perform independent personal services at thousands of venues throughout the USA. Who is responsible for withholding and reporting on the income they earn? In this session, you'll discover who is required to withhold, deposit, and report on the income earned by non-resident alien athletes and entertainers. Learn more about withholding requirements, withholding certificates, tax treaty benefit limitations and the alternative to potential over withholding. Take your ticket, grab a seat, and be prepared to be enlightened.

By the end of this presentation you will:

 

  • understand the special withholding rules that apply to foreign athletes and entertainers.
  • be able to determine if a foreign athlete or entertainer is a non-resident alien.
  • know what a Withholding Agent is and their duties.
  • understand the Sportsmen and Artist Provision of the tax treaty.
  • understand the Central Withholding Agreement and the related responsibilities as they pertain to athletes and entertainers.

No prerequisites or advanced preparation are required for this seminar.

Weathering the Storm: Helping Exempt Organizations in Troubled Times

$45.00

Seminar Level: Beginner

Field of Study: Taxes

 


 

Important information regarding CPE credit: The IRS Office of Professional Responsibility accepts this seminar for one (1) Continuing Professional Education (CPE) credit for enrolled agents. If you are not an enrolled agent, please consult with your respective state licensing agency regarding acceptability of this credit.

IRS-Communications & Liaison IS REGISTERED WITH THE NATIONAL ASSOCIATION OF STATE BOARDS OF ACCOUNTANCY (NASBA) AS A SPONSOR OF CONTINUING PROFESSIONAL EDUCATION ON THE NATIONAL REGISTRY OF CPE SPONSORS. STATE BOARDS OF ACCOUNTANCY HAVE FINAL AUTHORITY ON THE ACCEPTANCE OF INDIVIDUAL COURSES FOR CPE CREDIT. COMPLAINTS REGARDING REGISTERED SPONSORS MAY BE ADDRESSED TO THE NATIONAL REGISTRY OF CPE SPONSORS, 150 FOURTH AVENUE NORTH, SUITE 700, NASHVILLE, TN, 37219-2417. WEBSITE: WWW.NASBA.ORG.

DISCLAIMER: THIS SEMINAR WAS FILMED IN ORLANDO, FLORIDA, ON AUGUST 4, 2009, AND THE INFORMATION WAS CORRECT AT THE TIME OF RECORDING.

The Exempt Organizations (EO) unit of the Tax Exempt and Government Entities Division delivered this seminar at the Orlando Nationwide Tax Forum in August 2009.

This seminar provides a brief overview of issues confronting exempt organizations in light of the current economic climate. Topics include: best practices in organization governance, using the new Form 990 to promote your organization and increase transparency, conducting business activities without jeopardizing your exempt status, treating non-cash gifts and donated property correctly, and merging and terminating exempt entities.

By the end of this presentation you will:

  • learn what you can do to help your exempt organizations weather these troubled times
  • recognize important changes to the new Form 990 and how they impact your client
  • understand the importance of establishing and disclosing your client's organizational policies, practices and certain documents
  • identify the three steps in establishing a rebuttable presumption of reasonableness
  • be able to list the six different categories of compensation reported on Part VII of Form 990

No prerequisites or advanced preparation are required for this seminar.

Pages

Subscribe to IRS Nationwide Tax Forums Online RSS