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The WSCPA will be closing early at 2:00pm on Friday, May 23 and remain closed through Monday, May 26 in observance of Memorial Day.

Form W-9 Compliance FLEXCAST

Available Until

Your Desk

1.0 Credits

Member Price $196.00

Non-Member Price $225.00

Overview

Any accounting department must collect and validate the Form W-9 from entities that it has paid. In the Form W-9 Compliance course, we explore the requirements for this form, how to validate the information stated on it, when to initiate backup withholdings, how to deal with “B” Notices, and how best practices can be used to increase the efficiency of these activities.

Highlights

Form W-9 compliance. Backup withholding. Partner rules. FATCA reporting. Penalties. The “B” notice. IRA TIN matching service.

Prerequisites

None.

Designed For

CPAs, CEOs, CFPs, and other accounting professionals.

Objectives

Identify the field entry requirements for a Form W-9. Specify the types of taxpayer identification numbers that can be included in a Form W-9. State which types of entities should receive a Form 1099 from the payer. Identify how to spot whether a payee is a foreign entity. Specify the requirements for the development of a substitute Form W-9.

Preparation

None.

Notice

This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.

Leader(s):

Leader Bios

Steven Bragg, Western CPE

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.

Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).

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Non-Member Price $225.00

Member Price $196.00