Audio Conference/Webinars & Events: Online

Sponsored by Accounts Payable Now & Tomorrow, a Crystallus Inc. publication

1042 and FATCA:
What Every Company Needs to Know

Thursday, October 13, 2011: 2:00 p.m. EST (1:00 p.m. CST; noon MST; 11:00 a.m. PST)

To pay by check, download an order form here.

Do you know when your 1042 and 1042-S forms are due, how to correct the Forms should you make a mistake or how the IRS imposes penalties? You may have thought since the aim of the FATCA provisions was to catch taxpayers not paying all the taxes they owe on foreign investment income, this doesn’t affect vendor payments. Alas, that is not entirely true. Although final regulations have not been released, most tax experts believe FATCA will add an additional extra step in the process. You’ll need to examine owners of foreign companies to determine whether U.S. persons are collecting income from U.S. sources. The new requirements are set to go into effect on January 13, 2013. That doesn’t give you a lot of time to adjust your procedures to make sure you’re in compliance. Are you ready?

We are very pleased to welcome Jill Dymtrow of CTI Compliance on October 13th for 60-fast paced minutes. After this session you will be able to:

     • Implement best 1042 and 1042-S reporting practices;
     • Understand how FATCA will be different from 1441;
     • Leveraging your 1441 process to accommodate FATCA; and
     • Update your documentation procedures to address expected changes

As always, there will be plenty of time at the end for questions.

Thursday, October 13, 2011: 2:00 p.m. EST (1:00 p.m. CST; noon MST; 11:00 a.m. PST)

To pay by check, download an order form here.

About our Expert: Jill Dymtrow began working with CTI at the inception of the company. Prior to joining CTI, Ms. Dymtrow specialized in information reporting and withholding at Burt, Staples & Maner, and as a manager with PricewaterhouseCoopers. Jill began her work in the information reporting and withholding field in 2001 when she began working with Qualified Intermediaries in preparation for the QI Audit cycle in 2002.

She worked with foreign PwC offices and their clients to train them in QI compliance, withholding and reporting requirements, handling technical issues and working on QI audits. In the spring of 2003 Ms. Dymtrow began working with US withholding agents on Section 1441 compliance matters similar to those that affected the QIs. She took a number of US withholding agents through the Voluntary Compliance Program. Her work has involved large US financial institutions, as well as energy, pharmaceutical, entertainment and biotech companies. Ms. Dymtrow was also a member of the core group that developed CTI's tax technology solutions.

Thursday, October 13, 2011: 2:00 p.m. EST (1:00 p.m. CST; noon MST; 11:00 a.m. PST)

To pay by check, download an order form here.

Earn while you learn with no costly travel expenses! CPE credits available to all program participants.

An IAPP CPE Qualifying Event

Crystallus Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org.

Work experience in accounts payable, accounting or related field, or an introductory course in accounting is a prerequisite for these intermediate level programs. No advance preparation is needed. For more information regarding administrative policies such as refund, complaint and/or cancellation, please contact us at 302.836-0540. To see our customer service policies, click here.

This one-hour Group-Internet-based programs is eligible for one (1) CPE credit.

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