Non-resident Alien Taxation and 1042 reporting: For Accounts Payable and Payrol

Comprehensive and most current US nonresident alien tax compliance rules and regulation for accounts payable and payroll. These rules must be familiar to any accounting professional who reviews and processes payroll and AP payments to foreign businesses and individuals who work, provide independent personal services, study or operate in the United States and who are paid from the US sources. The book provides a full description of individual forms 1042-S and annual tax return form 1042 processing. Relevant to nonresident alien AP and payroll tax compliance regulations and forms, as well as current tax treaties and visa types, are discussed and elucidated. Year 2014 FATCA-related changes to the non-resident alien tax compliance process are explained in full detail. The appendix lists relevant to the processes IRS forms and codes and immigration information.