The deadline for all Qualified Intermediary (QI) (including Qualified Derivatives Dealer), Withholding Foreign Partnership (WP) and Withhold

On June 16, 2022, the IRS provided an update on the transition to the new Information Returns TCC (IR-TCC) Application for Filing Informatio

On April 12, 2022, the Treasury Inspector General (TIGTA) published an April 7, 2022, Report Number 2022-30-019, titled ‘Additional Actions

The IRS and FinCEN reminds U.S. citizens, resident aliens and any domestic legal entity that the deadline to file their annual Report of...

On March 31, 2022, the States of Guernsey Revenue Service published Common Reporting Standard (CRS) and Foreign Account Tax Compliance Act (

In March 2022, the Antigua and Barbuda Inland Revenue Department published its own Common Reporting Standard (CRS) Compliance Form that must

On February 15, 2022, the Internal Revenue Service (IRS) finally released a DRAFT Publication 515, Withholding of Tax on Nonresident Aliens

Forms 1042, Annual Withholding Tax Return for U.S. Source Income of Foreign Persons, are due on March 15, 2022. As withholding agents prepa

Forms 1042-S, Foreign Person's U.S. Source Income Subject to Withholding, are due on March 15, 2022. As withholding agents prepare these fo

Over the last few months, a number of jurisdictions have been reviewing, adjusting, and publishing new guidance regarding Automatic Exchange

As another year draws to an end, we’d like to take this opportunity to thank all our colleagues, clients and partners, as without you we wou

On December 13, 2021, the IRS published 2022 Form 1042-S. There are a number of changes to codes:

On December 14, 2021, the IRS published Form 1099-NEC (Rev. January 2022), a continuous use form. The boxes align a bit differently from the

On December 10, 2021, the IRS published a few Forms 1099 of note.

On November 30, 2021, the IRS published the 2021 Form 945, Annual Return of Withheld Federal Income Tax.

In case you missed it, the Internal Revenue Service Advisory Council (IRSAC) published its November 2021 report. In it, there are a number

On November 5, 2021, the House of Representatives passed a $1.2 trillion infrastructure bill, which means that the legislation is headed to

On September 27, 2021, the IRS released the Publication 1220, Specifications for Electronic Filing of Forms 1097, 1098, 1099, 3921, 3922, 54

During the offseason it is always a good idea to check in on general information reporting rules that may go unnoticed.

On September 2, 2021, the IRS published a DRAFT Form W-8BEN-E and Instructions.

On August 30, 2021, the Cayman Department for International Tax Cooperation posted an Updates Bulletin with three key reminders

On August 30, 2021, the IRS published a DRAFT Form W-8BEN and Instructions. Similar to the recently published DRAFT Forms W-8ECI and IMY

On August 26, 2021, the IRS published a DRAFT Form W-8IMY (Rev. October 2021) that includes a number of changes and additions to the prior 2

On August 25, 2021, the IRS published a DRAFT Form W-8ECI and Instructions with a revision date of October 2021.