Non-U.S. Payment Form 1042 Compliance Risks

As colleges and universities navigate increasingly complex reporting obligations for payments made to non-U.S. persons, having the right processes in place is critical. From filing requirements and deposit deadlines to documentation and reconciliation, institutions must take a coordinated approach to Form 1042 compliance. In part two of this series, Melanie McPeak, Managing Director and Tax Leader of the Firm’s Not-for-Profit industry practice, is joined again by Tahira Nagda, Managing ...