Form 1042-S Adds Filing Complexity to Tax Season – PYMNTS.com
It’s March, and for many businesses and government agencies, the race is on to file complete accounting information with the IRS, especially using Form 1042-S. wendy walkerSolution Principal, Sobostold PYMNTS that companies operating internationally grapple with ongoing reporting and coordination challenges. As she explained, Form 1042-S reports payments of U.S. income paid to nonresident taxpayers. […]