How and When to Report
Best 1042-S Software: 7 Things to Consider
Compare the best 1042-S software with 7 key factors, from withholding logic and e-filing to corrections, recipient delivery, and compliance.
Category
How and When to Report
How and when to file information returns: 1042-S withholding, 1099 series, payroll reporting, and the timing rules that keep filers compliant.
163 articles
How and When to Report
1042-S vs W-2: Key Differences for Foreign Nationals
Learn the differences between Form 1042-S and Form W-2, who receives each, how withholding works, and what foreign nationals should file.
How and When to Report
Form 1042-S Multiple Income Types: Codes, Rates, Pitfalls
Learn how to report multiple income types on Form 1042-S, apply the right codes and withholding rates, and avoid common filing errors.
How and When to Report
Withholding Agent Responsibilities Under IRC 1441–1474
Learn withholding agent duties under IRC 1441–1474, including tax forms, withholding rates, deposits, and IRS reporting for cross-border payments.
How and When to Report
FDAP Income Explained for Foreign Withholding Reporting
Learn what FDAP income is, when 30% withholding applies, how it differs from ECI, and which IRS forms are needed for foreign payment reporting.
How and When to Report
Common 1042 and 1042-S Filing Mistakes That Trigger Penalties
Avoid costly 1042 and 1042-S penalties by fixing common filing errors like late submissions, wrong codes, bad recipient data, and mismatches.
How and When to Report
Chapter 3 and Chapter 4 Codes on Form 1042-S Explained
Learn Chapter 3 and Chapter 4 codes on Form 1042-S, how they affect withholding rates, treaty claims, and accurate IRS reporting.
How and When to Report
Foreign Income Reporting for Fintech Platforms: Form 1042 Guide
Learn how fintech platforms report U.S.-source income paid to non-U.S. persons using Forms 1042, 1042-S, and W-8 documentation.
How and When to Report
How to Complete a 1042-S Correction
Learn when a 1042-S correction is required, how to fix filing errors properly, and what steps withholding agents should take to avoid future mistakes.
How and When to Report
IRS Form 7004 Instructions: Business Tax Extension Guide
Learn how IRS Form 7004 works, who can file, deadlines, payment rules, and common mistakes when requesting a business tax extension.
How and When to Report
Form 1120-S Extension: How to File IRS Form 7004
Learn how to file a Form 1120-S extension using IRS Form 7004, key deadlines, payment rules, and how to avoid penalties for your S corporation.
Form 1099
Draft 1099-MISC for 2026: New Tip and Overtime Boxes, Major Renumbering, and Golden Parachute Moves to 1099-NEC
IRS draft 1099-MISC for 2026 adds new boxes for cash tips, TTOC, and overtime, and removes excess golden parachute. Full breakdown of every change.
Form 1099
Draft 1099-NEC for 2026: New Boxes for Tips, Overtime, and Golden Parachute Payments
IRS draft 1099-NEC for 2026 splits Box 1 into four sub-boxes for cash tips, overtime, and TTOC, and adds Box 3 for excess golden parachute payments.
How and When to Report
How to File a Form 1065 Extension for Your Partnership
Learn how to file a Form 1065 extension with Form 7004, key deadlines, what the extension covers, and how partnerships can avoid IRS penalties.
How and When to Report
IRS Form 1042-S Filing Deadlines & Trusted Compliance Guide
This guide explains who must file, what needs to be reported, the Form 1042-S filing deadline, and more.