About This Course:
December 31, 2019 brings the end of reporting certain nonresident alien interest without a foreign taxpayer identification number. During this program we will focus on writing nonresident alien procedures for your frontline and back of the house staff.
Are you ready? You will receive a tax handbook plus many ideas about Customer Identification Programs for nonresident aliens.
What You'll Learn:- IRS Notice 2017-46 Intermediary rules
 
- How to update your current nonresident aliens through alternative rules
 
- What countries do not have foreign tax identification numbers
 
- What to do if you cannot obtain a Foreign Taxpayer Identification Number
 
- How to set up your system
 
- How to set up for 1042S Reporting
 
- Special rules on IRAs and new back up withholding rules
 
- How to handle non-interest-bearing accounts
 
- Identification of nonresident aliens
 
- Risk rating a nonresident alien