Just in time for the upcoming July 1 deadline, the on-demand, downloadable video was developed to help financial operations professional stay in compliance with the IRS reporting updates on payments to foreign payees.
Portland, Maine (PRWEB) June 16, 2014
The Institute of Finance & Management (IOFM) has announced the release of a virtual IRS Regulation Bootcamp covering regulatory changes associated with the FATCA 2014 updates. Just in time for the upcoming July 1 deadline, the on-demand, downloadable video was developed to help financial operations professionals stay in compliance with the IRS reporting updates on payments to foreign payees. The six-hour training course covers updates to form 1042-S, forms W-8 and W-9.
“Ever since the IRS announced the new regulations surrounding FATCA - and then kept announcing new updates and changes – we’ve been fielding calls and emails. AP professionals, department heads, controllers, even CFOs, all needed accurate info, and they needed by July 1,” said RD Whitney, executive director of IOFM. “We couldn’t get in-person training to everyone by then, but we came up with something better – a virtual training that you can access whenever you need it.”
The training is presented by Marianne Couch of Cokala Tax Information Reporting Solutions, the leading advisor on tax information reporting compliance. Recorded at a live event in Baltimore earlier this month, the training covers all the major changes to IRS reporting on payments to foreign payees, including form 1042-S, forms W-8 and W-9.
The training is available for online purchase at http://www.iofm.com/irs-regulation-bootcamp-online. Once purchased, the training is accessible instantly and can be reviewed and replayed on demand. The bootcamp is priced at $950 ($750 for members of IOFM’s TAPN, TARN or Controller’s Networks).
About the Institute of Finance & Management
The Institute of Finance & Management (IOFM) is the leading source and largest provider of tools, resources, research, training, certification programs, and events in the rapidly evolving field of financial operations. IOFM runs three membership networks: The Accounts Payable Network (TAPN), The Accounts Receivable Network (TARN), and The Controller’s Network (TCN). Membership helps professionals advance their careers and organizations improve their processes through access to proprietary information, best practices, and expert insights. In the coming months, IOFM will host three events to facilitate education and networking in financial operations: the Controller’s Conference & Expo (Chicago, September 14-16), the Accounts Payable Conference & Expo (Las Vegas, October 26-29), and the Procure-to-Pay Summit (Las Vegas, October 26-28). IOFM is a business unit within Diversified Communications, a global organization operating on four continents and a major independent producer of events and media worldwide. For more information, visit http://www.iofm.com.