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 2, 2021, the IRS published Form 1099-DIV (Rev. January 2022), and then on December 15, 2021, Instructions for Form 1099-DIV...

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.

On December 1, 2021, the IRS published Instructions for Forms 1099-INT and 1099-OID and the forms themselves revised for January 2022.

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 17, 2021, the Organization for Economic Development and Cooperation (OECD) published its 2021 Peer Review of the Automatic Excha

On November 16, 2021, the IRS published DRAFT 2021 Instructions for Form 1042, Annual Withholding Tax Return for U.S. Source Income of Forei

On November 17, 2021, the IRS reminded users that the Public Key for FATCA filing will expire soon.

On November 8, 2021, the IRS published Revenue Procedure 2021-45, which includes information return penalties for tax year 2022.

On November 15, 2021, the IRS announced the availability of its Form 1042-S Data Integrity Tool.

On November 9, 2021, the IRS published a third early release of DRAFT Form W-4R, Withholding Certificate for Nonperiodic Payments and Eligib

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