This course is a time-saving tool that will help you get ready to file Forms 1042/1042-S. Recent changes in the law have made Forms 1042/1042-S filing requirements ever more complex. The cost to your organization can be significant if your team does not have the proper knowledge to handle these matters.
In this course, Laura Tshilumba will guide you into identifying some of the more common problems related to documenting, validating, and reporting payee information using IRS Forms 1042/1042-S, while offering solutions and best practices for addressing related reporting issues.
You will learn best practices for validating forms W-8 and 8233 and avoiding reporting and withholding errors. We’ll review how to handle W-8 payee requests for treaty benefits, reduced withholding, and related 1042-S reporting. You cannot afford to miss this course if you prepare, review, and/or file Form 1042 for your organization or clients.
Learning Objectives:
Laura M. Tshilumba, CPA
Director, International Tax
[email protected]
As a CPA with two decades of expertise in U.S. international taxation and an educator at heart, Laura is a presenter of NASBA-certified CPE courses on various international tax topics — helping tax professionals connect the dots between the tax law, the IRS tax forms, and their clients’ foreign financial assets and foreign income.
In her pursuit of becoming a healthy accountant who mentally, spiritually, and physically thrives in a high-demanding work environment, Laura became a certified health mindset coach and a certified integrative health nutrition coach. In 2021, she started her health and wellness business where she coaches executive women and women entrepreneurs into managing their stress levels and preventing burnout from high-pressure work and business environments, by implementing authentic self-care regimens that translate to high performance, greater visibility, leadership opportunities, and increased financial net worth. She also coaches high-achieving women to live in their now bodies, while improving their wellness without sacrificing their mental health or their favorite cultural foods.