The Comply Catch-Up – November 2022 Issue 24

The Comply Catch-Up – November 2022 Issue 24

Key Dates and Reminders During November, the IRS published the following DRAFT 1099 and 1042 forms and instructions. Check out the draft forms and instructions below: DRAFT 2022 Instructions for Form 1042 DRAFT 2023 Instructions for Form 1042-S DRAFT 2023 Form 1099-R...
The Comply Catch-Up – October 2022 Issue 23

The Comply Catch-Up – October 2022 Issue 23

Key Dates and Reminders On October 3, 2022, the IRS announced that it will soon transition the Qualified Intermediary, Withholding Foreign Partnership, Withholding Foreign Trust Application and Account Management System (QAAMS) to a new sign-in system. The new system...
The Comply Catch-Up – September 2022 Issue 22

The Comply Catch-Up – September 2022 Issue 22

Key Dates and Reminders On September 22, 2022, the IRS released Rev. Proc. 2022-35 which updates prior guidance and adds Turkey to the current published list of countries with which the United States has in effect a relevant information exchange agreement with respect...
The Comply Catch-Up – August 2022 Issue 21

The Comply Catch-Up – August 2022 Issue 21

Key Dates and Reminders If you filed Form 7004, Application for Automatic Extension of Time to File Certain Business Income Tax, Information, and Other Returns, requesting an extension of time to file Form 1042, then you should mail your Form 1042 by September 15,...