TAX AND REGULATORY TRAINING TAX AND REGULATORY TRAINING

This nine-part series provides a comprehensive review of tax and regulatory issues in a self-study format.

Members: $549 (individual sessions available for $79)
Nonmembers: $649 (individual sessions available for $99)

You may purchase the course here.

2012 was a big year for legislative updates in the information withholding and reporting space, seeing an entire new set of draft regulations aimed at identifying US taxpayers abroad. Learn about how the new FATCA rules will affect your payments, along with changes in the 6050W rules, Cost Basis reporting on Form 1099B, new ITIN procedures and a new draft series of Forms W-8.

Other courses include the following:

Course curriculum:

Session One: 1099 Reporting Basics

1.     1099 Overview
2.     What's New
3.     Reporting Date

For a detailed session description - click here.


Session Two: W-8 and W-9 Series Documentation

1.     The Tax Gap
2.     1099 Overview
3.     Collecting Data
4.     Validating Data
5.     Compliance

For a detailed session description - click here.


Session Three: Federal Information Reporting for the Advanced Filer

1.     1099 Overview
2.     What's New
3.     Advanced Non Resident Alien Reporting/Compliance - OFAC
4.     Worker Classification
5.     Advanced Issues in Reporting Data
6.     Reporting
7.     Back-up Withholding

For a detailed session description - click here.


Session Four: Tax Information Reporting – Nonresident Alien Payments

1.     Overview
2.     Identifying the Payee
3.     Documenting the Payee
4.     Identifying and Reporting Payments
5.     Withholding
6.     Filing Form 1042-S
7.     Applicability of US Immigration Law in Accounts Payable and relationship to Tax Information Reporting
8.     What's New

For a detailed session description - click here.


Session Five: Sales and Use Tax – Accounts Payable

1.     Overview
2.     Sales Tax
3.     Use Tax
4.     Nexus
5.     Court Cases and Legislation
6.     Local Jurisdiction
7.     Exemptions/Exclusions
8.     Accounts Payable Invoicing Processing

For a detailed session description - click here.


Session Six: Sales and Use Tax - Accounts Receivable

1.     Overview
2.     Sales Tax
3.     Use Tax
4.     Nexus
5.     Court Cases and Legislation
6.     Local Jurisdiction
7.     Exemptions/Exclusions
8.     Accounts Receivable Invoicing Processing

For a detailed session description - click here.


Session Seven: Unclaimed Property - Escheatment and Form 1099

1.     Overview of Escheatment
2.     Overview of Form 1099 Reporting
3.     Relationship Between Escheatment & Forms 1099

For a detailed session description - click here.


Session Eight: 2011 Update

1. New Rules for Proof of Mailing
2. Audit Programs for Higher Education, Tax Exempt Entities and the Construction Industry
3. Phased Implementation of FATCA Rules
4. "P-Card Rule" Compliance Requirements for Non-Banks Dealing with a Non-U.S. Payee
5. Bank and Non-Bank P-Card Rules on Withholding Thresholds
6. Documenting Business Provided or Expensed Cell Phones
7. TIPRA "3% Governmental Withholding" Final Regulations
8. New Interim Rules on IRC Section 1035 Exchanges

For a detailed session description - click here.


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