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Best Practices in Tax Compliance with KPMG

Presented by

Laurie Hatten-Boyd, Principal, KPMG and Inbal Sarig, Director of Product Marketing, Tipalti

About this talk

The IRS has stepped up monitoring and auditing US businesses’ accounts payable tax compliance to ensure they’re meeting IRS regulations, including a labyrinth of tax forms and related requirements that affect how you engage with suppliers outside the US. In this webinar, Laurie Hatten-Boyd, Principal at KPMG LLP, will provide an overview of US tax compliance rules related to companies paying their global suppliers. What we’ll discuss: - A summary of US tax rules as they relate to paying global suppliers, including new IRS regulations - Steps your organization can take to avoid legal and financial penalties - How to ensure your payees select the correct form based on their country and corporate structure - How to determine which payees require tax withholding by treaty - Understanding the basics around end-of-year 1099/1042-S tax reporting
Tipalti

Tipalti

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Scalable Payables for Today's Innovative Companies
Tipalti is the only global payables automation solution to streamline all phases of the AP and payment management workflow in one holistic cloud platform. Tipalti makes it painless for accounts payable departments to manage their entire supplier payments operation. The solution addresses everything from supplier onboarding and vetting, to tax and regulatory compliance, invoice processing, payments to suppliers anywhere in the world in a wide range of payment methods and currencies, supplier payment status communications, to closing the loop with payment reconciliation and reporting.
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