F1042/F1042S compliance

$49.00

Target Audience: CPAs, EAs, Annual Filing Season Program Participants
Field of Study: Taxation (NASBA); Federal Tax/Tax Related Matters (IRS)

IMPORTANT INFORMATION REGARDING CONTINUING EDUCATION CREDIT: THE IRS ACCEPTS THIS SEMINAR FOR ONE (1) CONTINUING EDUCATION CREDIT FOR ENROLLED AGENTS (EA) AND ANNUAL FILING SEASON PROGRAM (AFSP) PARTICIPANTS. Others, PLEASE CONSULT WITH YOUR RESPECTIVE STATE LICENSING AGENCY REGARDING ACCEPTABILITY OF THIS CREDIT.

Note: the credit received from this seminar qualifies as continuing education that is required to obtain the voluntary AFSP – record of completion. however, this website does not offer the AFSP annual federal tax refresher (AFTR) course.

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 Dallas, Texas, ON July 27, 2017, AND THE INFORMATION WAS CORRECT AT THE TIME OF RECORDING.

Seminar Level: Beginner

The IRS Large Business & International Division presented this seminar at the 2017 IRS Nationwide Tax Forum.

In this session, we will look at the withholding requirements and Form 1042, Annual Withholding Tax Return for U.S. Source Income of Foreign Persons and Form 1042-S, Foreign Person's U.S. Source Income Subject to Withholding reporting obligations of a withholding agent under chapter 3 and chapter 4 of the Internal Revenue Code. The presentation discusses the most common errors, when and how to file an amended Form 1042-S and what is new for tax year 2017.

By the end of this presentation, you will be able to:

  • Determine the reporting obligations of a Withholding Agent under Chapter 3&4 of the code for F1042-S and F1042
  • List the most common Errors found on F1042-S and F1042
  • Identify changes to F1042-S and F1042 for Tax Year 2017
  • Accurately File an Amended F1042-S
  • Determine how to report withholding in various transaction scenarios

No prerequisites or advanced preparation are required for this seminar.

Highlights of 2016 Income Tax Changes

$0.00

DISCLAIMER: THIS SEMINAR WAS FILMED IN Chicago, IL, ON July 13, 2016, AND THE INFORMATION WAS CORRECT AT THE TIME OF RECORDING.

The IRS Wage and Investment Division presented this seminar at the 2016 IRS Nationwide Tax Forum.

This seminar will discuss the major tax law changes for 2016, including how they affect tax forms and publications.

Audit this course (no cost and no credit)

Recent Developments in Estate and Gift Tax

$0.00

DISCLAIMER: THIS SEMINAR WAS FILMED IN New Orleans, Louisiana, ON JULY 26, 2016, AND THE INFORMATION WAS CORRECT AT THE TIME OF RECORDING.

The IRS Small Business Self Employed Division presented this seminar at the 2016 IRS Nationwide Tax Forum.

This seminar will provide updates on recent developments in estate and gift tax, including

• an overview of new basis consistency requirements under H.R. 3236, requiring filing of newly created Form 8971;
• new rules for obtaining Letter 627 Estate Tax Closing Letters; and
• estate filing thresholds.

Audit this course (no cost and no credit)

Affordable Care Act (ACA) Employer Provisions

$0.00

DISCLAIMER: THIS SEMINAR WAS FILMED IN New Orleans, LOUISIANA, ON JULY 26, 2016, AND THE INFORMATION WAS CORRECT AT THE TIME OF RECORDING.

The IRS Small Business Self Employed Division presented this seminar at the 2016 IRS Nationwide Tax Forum.

This seminar will discuss and summarize the following requirements that employers may be subject to under the Affordable Care Act (ACA), including:

•how to determine full-time equivalent employees;
•determine if you are an applicable large employer (ALE);
•ACA requirements for ALEs;
•ACA requirements if you're not an ALE;
•employer shared responsibility payments; and
•the Small Business Health Care Tax Credit.

Audit this course (no cost and no credit)

Refundable Credits – New Rules, New Laws - Learn What’s Changed for your Client

$0.00


DISCLAIMER: THIS SEMINAR WAS FILMED IN New Orleans, LOUISIANA, ON JULY 26, 2016, AND THE INFORMATION WAS CORRECT AT THE TIME OF RECORDING.

The IRS Wage and Investment Division presented this seminar at the 2016 IRS Nationwide Tax Forum.

Your clients deserve top-notch service! Prepare for the 2017 tax season. This presentation will put you "in the know" on which refundable credits are now permanent or extended once again. This session includes updates on income and credit thresholds, as well as qualifications along with changes in reporting requirements, documentation and refund issuance.

Audit this course (no cost and no credit)

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