Your job as a withholding agent has never been so important! The W-9 and W-8BENs forms emphasize your vital role in the tax reporting chain that affects this country and accounts for U.S. persons overseas.

In this webinar, we'll go in-depth on these forms to elevate your understanding. We'll also answer common questions, such as What is a nonresident alien? and What if there is no country address? You'l also come away with a basic understanding of FATCA and how it impacts your institution.What You'll Learn:

• Line by line review of the W-9
  
• Exemption codes on the W-9 and FATCA
  
• SSNs, ITINs and EINs
  
• IRS reporting on 1099 Int and 1042S
  
• What happens when name and TIN do not match?
  
• B notices and fines
  
• How does the IRS set up name control files?
  
• Documenting GIIN for foreign financial institutions