On March 23, 2022, the Internal Revenue Service (IRS) published FATCA Certification FAQ number 22 regarding how to submit a FATCA certificat

On March 21, 2022, the Internal Revenue Service published an important Covid Tax Tip 2022-43 regarding incorrect or missing Forms W-2 or 109

On March 15, 2022, the Internal Revenue Service (IRS) published a 2022 revision of Publication 5190, International Data Exchange Services (I

On March 10, 2022, the Canada Revenue Agency (CRA) published revisions to its Guidance on the Canada-U.S. Enhanced Tax Information Exchange

The deadlines for reporting 2021 information under the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS) ar

On March 3, 2022, the Internal Revenue Service released Publication 515, Withholding of Tax on Nonresident Aliens and Foreign Entities,...

On February 28, 2022, the IRS published Instructions for Form 941 (Rev. March 2022), Employer's QUARTERLY Federal Tax Return. Among the new

On February 28, 2022, the IRS published a new version of Publication 1220, Specifications for Electronic Filing of Forms 1097, 1098, 1099, 3

On February 22, 2022, (2/22/22), the Internal Revenue Service (IRS) updated FAQ9 and FAQ10 regarding periodic certifications of Qualified In

In addition to the updates in our December 2021 post on the DRAFT General Instructions found here, the FINAL version includes information re

The Cayman Department of International Tax Cooperation (DITC) published a February 2022, Updates Bulletin, which includes a number of timely

The Cayman Department for International Tax Cooperation (DITC) published an updated User Guide version 9.0 for use in 2022. Important updat

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

On February 2, 2022, the Internal Revenue Service (IRS) posted Publication 519, U.S. Tax Guide for Aliens, for use in preparing 2021 returns

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

On January 20, 2022, the IRS published a reminder for the FATCA certification period ending December 31, 202

The American Rescue Plan Act of 2021 lowered the threshold for reporting on Form 1099K, Payment Card and Third-Party Network...

Don't forget your backup withholding deadlines related to Form 945, Annual Return of Withheld Federal Income Tax, and information returns on

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

On December 16, 2021, the IRS published DRAFT 2022 General Instructions for Certain Information Returns (Forms 1096, 1097, 1098, 1099, 3921,

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