Iowa Bankers Insurance & Services, Inc. Iowa Bankers Mortgage Corporation
Iowa Bankers Association
8800 NW 62nd Avenue
Johnston, IA 50131
Toll-Free: 800-532-1423
Local: 515-286-4300
Fax: 515-280-4140

Event Detail

Event Description

Now that the new FATCA rules are in effect, establishing the account holder as a US Person and having them sign a more complicated W-9 is a difficult process. Adding the W-8BEN and W-8BENE increases the degree of difficulty.

We will look at the name control match process, the IRS CP2100 process, how your institution may begin back up withholding, and many other issues. Learn how to get the forms right at new accounts so the IRS reporting is correct and in compliance.

Covered Topics

  • Line by line review of the W-9
  • How simple errors in account set up can cause you IRS reporting problems
  • What happens when name and TIN do not match? B notices and fines
  • How does the IRS set up name control files?
  • What happens when your customer’s name changes
  • What is difference in SSN, EIN and ITIN?
  • What is a disregarded entity?
  • How do trusts report? Revocable and Irrevocable?
  • Husband and Wife on an LLC
  • Why there are four different options for an LLC
  • Can you use an SSN for an estate or nonprofit organization
  • What are the exemption codes for corporations, public funds, IRAs?
  • IRS reporting on the 1099 Int

Who Should Attend?

This webinar will benefit deposit operations, deposit compliance, new accounts, bookkeeping, IRS reporting specialists, and any person who opens accounts or reports interest to the IRS.


Live Plus Five - $265
Register for the live event and get five days access to the OnDemand Playback. You'll have opportunity to ask questions during the presentation and be free to review the content for the next five business days. Registration also includes links to presenter materials, handouts, and pdfs.

OnDemand Recording Only - $295
Includes a weblink for unlimited viewing for 6-months after the date of the webinar as well as a link to handouts. Does not include live session.

CD-ROM and Hardcopy Handouts - $345

CD-ROM plus Hardcopy Handouts. Does not include live session.

Live Plus Six - $365
Attend live; includes six months access to OnDemand playback. Combine the advantages of live attendance with an unlimited number of replays for the next six months.

Premier Package - $395
Includes all three options above. Live session, OnDemand Weblink, and CD-ROM plus Hardcopy Handouts.

Additional Locations
Want your branches to participate? Facilities within your organization will be able to participate without the travel costs of coming to one location.

Webinar (03/03/21 10:00AM - 12:00PM)

Online Registration

promo 2

Iowa Bankers Insurance & Services (IBIS) offers Iowa banks a full line of insurance products.

learn more
promo 3

Iowa Bankers Mortgage Corp. (IBMC) offers the products & experience Iowa banks need in the secondary mortgage market.

learn more