IRS Forms W-9 and W-8 Workshop: New changes for 2024 and what to Look For When Accepting From Your Vendors
Is your company a US entity that is required to collect the IRS Form W-9 from US vendors/payees and one of the IRS W-8 forms from your Non-US vendors/payees? Don’t risk IRS fines and penalties from accepting mismatched legal name and tax id combinations, get trained on the IRS Form W-9 and the IRS W-8 Forms. Review examples of completed forms to determine what you should look for and when to send them back to your vendor for correction.
What You Will Learn:
- Overview of IRS Form W-9 and new changes in 2024
- Overview of IRS W-8 (5 Forms): W-8BEN, W-8BEN-E, W-8IMY, W-8EXP, W-8ECI
- What to Look For: IRS W-9 Examples based on Tax Classification
- What to Look For: IRS W-8 Examples of Forms Most Received by Accounts Payable: W-8BEN and W-8BEN-E
- How to Setup the Vendor Legal Name/DBA based on the IRS W-9 or W-8 Forms
- When to Accept or Reject (send back) Your Vendor’s IRS W-9 or IRS-W-8 Form
- Four Options to Perform the IRS TIN Match to Avoid IRS Fines/Penalties
- Includes W-9 Cheat Sheet for your Vendors
Where and When
Available immediately on-demand
Registration
Fees: $160.00 Per Person (Includes 12 months Full Membership with IFOL and access to all on-demand and live training.)
Trainer
Debra R Richardson, MBA, APM, APPM, CPRS
