This message is sent to you by Bank Newswatch W-9 Deposit Account Set Up and Interest Reporting—B Notices and Back Up WithholdingWednesday, January 29th, 2020 1:30 pm - 3:30 pm CT Length: 2 hrs Sponsored by Bank Webinars |
Our job as a withholding agent for the IRS is more complicated than ever. Now that the new FATCA rules are in effect, establishing the account holder as a US Person and having them sign a more complicated W-9 is a difficult process. Adding the W-8BEN and W-8BENE increases the degree of difficulty. We will look at the name control match process, the IRS CP2100 process, how your institution may begin back up withholding, and many other issues. Learn how to get the forms right at new accounts so the IRS reporting is correct and in compliance. Covered Topics
Who Should Attend?This webinar will benefit deposit operations, deposit compliance, new accounts, bookkeeping, IRS reporting specialists, and any person who opens accounts or reports interest to the IRS. FacultyDeborah Crawford is the President of Gettechnical Inc., a Virginia based training company. She specializes in the deposit side of the financial institution and is an instructor on IRAs, BSA, Deposit Regulations and opening account procedures. She was formerly with Hibernia National Bank (now Capital One) and has bachelor's and master's degrees from Louisiana State University. She has 30+ years of combined teaching and banking experience. [[59:header_X-GreenArrow-MailClass:nwm_five_nine]] |