Articles and Tax Tips

THIS MONTH'S SUBSCRIBER ARTICLE: Tips For Extended Form 1042 Filing Deadline

September 15th is the extended filing deadline for filing the Form 1042.

[Full text available to TIR Answer Center subscribers. Subscribe to read full article.]

TAX TIP OF THE WEEK: There's a New 1099 on the Way

We have a new 1099 being rolled out! Needless to say, as new types of payments arise the IRS has to respond.

[Full text available to TIR Answer Center subscribers. Subscribe to read full article.]

TAX TIP OF THE WEEK: Basic Concepts to Understand for Handling 2023's Fall B-Notice Season

This fall your organization is more likely than ever to receive an IRS B-Notice.

[Full text available to TIR Answer Center subscribers. Subscribe to read full article.]

THIS MONTH'S SUBSCRIBER ARTICLE: IRS Releases New Draft Form W-8EXP

Big changes are afoot. Late in June the IRS rolled out a new draft Form W-8EXP. There will be more W-8 changes to come.

[Full text available to TIR Answer Center subscribers. Subscribe to read full article.]

TAX TIP OF THE WEEK: How To Handle A Confusing W-8 Treaty Claim

You receive a W-8BEN-E from a vendor. Invariably the treaty claim being made is poorly documented and confusing at best.

[Full text available to TIR Answer Center subscribers. Subscribe to read full article.]

TAX TIP OF THE WEEK: IRS INDICATES B-NOTICE CHANGES FOR THIS FALL

An IRS B-Notice (IRS Notice CP-2100 or CP-2100A) list is a notification from the IRS informing you that you filed Forms 109

[Full text available to TIR Answer Center subscribers. Subscribe to read full article.]

THIS MONTH'S SUBSCRIBER ARTICLE: Mid-Year Sales and Use Update

Over the past decade U.S. states have been busy revamping their Sales and Use reporting rules. The U.S.

[Full text available to TIR Answer Center subscribers. Subscribe to read full article.]

TAX TIP OF THE WEEK: Steps to Take When Vendor W-9 Sent Back Has A Foreign Address

Your organization onboards a new vendor. You get back the W-9 and there is a foreign address. What do you do? This week, let's find out.

[Full text available to TIR Answer Center subscribers. Subscribe to read full article.]

THIS MONTH'S SUBSCRIBER ARTICLE: Are Contractor/Employee Gift Certificates 1099/W-2 Reportable?

Let's say your organization is giving out gift certificates to your contractors and/or employees as a holiday gift used to purcha

[Full text available to TIR Answer Center subscribers. Subscribe to read full article.]

TAX TIP OF THE WEEK: How to 1099 Report Gifts Your Organization Paid For Via Corporate Card and Awarded to Non-Employees

Gifts can be tricky. They are almost always reportable - the question is: to whom?

[Full text available to TIR Answer Center subscribers. Subscribe to read full article.]