The registration period is from May 8, 2019 12:00 to Jan 1, 2020 12:00
Managing Accounts & Records For Nonresident Aliens: Opening, Identifying, Monitoring & Tax Reporting - Details
Registration for this event is open from: May 8, 2019 12:00 to Jan 1, 2020 12:00

Where: Webinar, Recorded, Both Live/Recorded

Date: Jul 1, 2019

 
Add to calendar /education-events/event/1065/Managing-Accounts-&-Records-for-Nonresident-Aliens--Opening--Identifying--Monitoring-&-Tax-Reporting?Itemid114= 2019-07-01 14:00:00 2019-07-01 15:30:00 0 Managing Accounts & Records for Nonresident Aliens: Opening, Identifying, Monitoring & Tax Reporting Managing Accounts & Records for Nonresident Aliens: Opening, Identifying, Monitoring & Tax Repor... - US - YYYY/MM/DD

Event description:

Managing Accounts & Records for Nonresident Aliens:

Opening, Identifying, Monitoring & Tax Reporting

Webinar OR Recorded Webinar + Free Digital Download

Monday, July 1, 2019

12:00 pm – 1:30 pm Pacific

    1:00 pm – 2:30 pm Mountain

  2:00 pm – 3:30 pm Central

   3:00 pm – 4:30 pm Eastern

Opening and managing accounts for nonresident aliens (NRAs) can seem overwhelming. What kind of identification can be requested? What if the individual doesn’t have a Social Security number? How is earned interest reported at year-end? This informative session will explain how to effectively identify nonresident aliens, conduct enhanced due diligence at account opening, and monitor these high-risk relationships. You will also gain insight into proper tax reporting of NRA accounts and be provided with sample language, tips, and tools to update policies and procedures. Don’t miss this jam-packed webinar!

HIGHLIGHTS

  • Differentiating between resident aliens and nonresident aliens
  • Identification documentation at account opening
  • Comparing and understanding tax identification number types
  • When and how to complete the W-8BEN
  • Enhanced due diligence
  • Monitoring processes to incorporate into BSA procedures
  • Reporting NRA transactions to the IRS
  • TAKE-AWAY TOOLKIT
    • Reference tool illustrating the difference between resident and nonresident aliens
    • Sample NRA language for BSA/AML risk assessment
    • Account opening and due diligence documentation
    • Sample W-8BEN
    • IRS reporting reference guide
    • Employee training log
    • NEW – Interactive quiz

WHO SHOULD ATTEND?

This informative session is a must for compliance officers, BSA officers, branch managers, new account representatives, and staff who prepare tax documents.

DON’T MISS THESE RELATED WEBINARS!

Managing Minor Accounts: Withdrawals, Transfers, CDD, Closing & Best Practices

on Thursday, September 12, 2019

&

Personal Accounts: Ownership, Authorization, Titling & Documentation

on Wednesday, October 30, 2019

Please note:  The live webinar option allows you to have one internet connection (from a single computer terminal).  You may have as many people as you like listen and watch from your office computer.

Dawn Kincaid    ABOUT THE PRESENTER – Dawn Kincaid, Brode Consulting Services, Inc.

Dawn Kincaid began her banking career while attending The Ohio State University. She has 17 years’ experience in client service, operations, information technology, administrative and board relations, marketing, and compliance. Most recently Dawn served as the Senior Vice President of Operations for a central-Ohio-based community bank, where she created and refined policies and procedures, conducted self-audits and risk assessments, and organized implementation of new products and services. Dawn has served in the roles of Compliance, BSA/AML, CRA, Privacy, and Security Officer. She has led training initiatives, prepared due diligence information, completed a variety of regulatory applications, coordinated internal and external audits and exams, and presented for numerous state associations.

THREE REGISTRATION OPTIONS

Note:  All materials are subject to copyright.  Transmission, retransmission, or republishing this webinar to other institutions or those not employed by your financial institution is prohibited.  Print materials may be copied for eligible participants only.

  1. LIVE WEBINAR

The live webinar option allows you to have one internet connection from a single computer terminal.  You may have as many people as you like listen and watch from your office computer.  Registrants receive a website address and passcode that allows entrance to the seminar.  The session will be approximately 90 minutes, including question and answer sessions.  Seminar materials, including instructions, passcode, and handouts will be emailed prior to the broadcast.  You will need the most current version of Adobe Reader available free at www.adobe.com. 

  1. RECORDED WEBINAR + FREE DIGITAL DOWNLOAD

Can’t attend the live webinar?  This option provides a recording of the live event, including audio, visuals, and handouts.  We even provide the presenter’s email address for follow-up questions. You will receive an email with the recorded webinar link, which can be viewed anytime 24/7, beginning 6 business days after the webinar.  You will also receive instruction on how to download a free digital copy of the webinar to your PC, which you may keep and use indefinitely.

The recorded webinar may ONLY be ordered for 6 months following the live webinar.  In addition, the download must be completed within 6 months of the live webinar date. 

  1. BOTH LIVE WEBINAR & RECORDED WEBINAR + FREE DIGITAL DOWNLOAD

Options 1 and 2 described above.

 AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE

 

Endorsed Members

Poster8.5x11

Annual Convention

Save the date for the 56th Annual ICBND Convention and Exposition August 13-14, 2024 at the Bismarck Hotel & Conference Center in Bismarck!  Please watch for more information to come.

 

Click Here 
ed-telephone-webinar

Webinar Sessions

Train all of your employees—right from your office—with our convenient, affordable webinars. Our online training sessions give you all the benefits of advanced education, and are even available on-demand if you miss the scheduled training.
Click Here

ed-ag-lending

School of Ag Lending

We provide agricultural lenders with education in agricultural credit, finance, farm management, and marketing. Our core curriculum is developed and taught by North Dakota Community Ag Lenders, North Dakota State University, and Bismarck State College agribusiness faculty.

Click Here
ed-frontline-professional

Certified Frontline Professional

Our Certified Frontline Professional program gives your customer-facing employees the long-term training they need to excel and grow your business.

Click Here
ed-compliance

Community Bankers for Compliance

Bank regulations are ever-changing. Get the up-to-date information you need to guide and structure your in-bank compliance program. Our system gives you 24/7 access to some of the best compliance experts in the industry.

Click Here
ed-ermerging-leaders

Emerging Leaders Development

We’re giving today’s brightest young independent bankers the skills, educational resources, and networking opportunities they need to be tomorrow’s leaders.

Click Here
ed-other-live-sessions

Other Live Sessions

Enroll in one of our educational sessions to keep your bank up-to-date on financial trends, regulatory changes, and required annual training. We add new live sessions on a regular basis.

Click Here

 Poster8.5x11

Annual Convention

Save the Date for the 56th annual convention on August 13-14, 2024 at the Bismarck Hotel & Conference Center in Bismarck!

Click Here

ed-telephone-webinar

Webinar Sessions

Train all of your employees—right from your office—with our convenient, affordable webinars. Our online and telephone training sessions give you all the benefits of advanced education, and are even available on-demand if you miss the scheduled training.

Click Here
ed-ag-lending

School of Ag Lending

We provide agricultural lenders with education in agricultural credit, finance, farm management, and marketing. Our core curriculum is developed and taught by North Dakota Community Ag Lenders, North Dakota State University, and Bismarck State College agribusiness faculty.

Click Here
ed-frontline-professional

Certified Frontline Professional

Our Certified Frontline Professional program gives your customer-facing employees the long-term training they need to excel and grow your business.

Click Here
ed-compliance

Community Bankers for Compliance

Bank regulations are ever-changing. Get the up-to-date information you need to guide and structure your in-bank compliance program. Our system gives you 24/7 access to some of the best compliance experts in the industry.

Click Here
ed-ermerging-leaders

Emerging Leaders Development

We’re giving today’s brightest young independent bankers the skills, educational resources, and networking opportunities they need to be tomorrow’s leaders.

Click Here
ed-other-live-sessions

Other Live Sessions

Enroll in one of our educational sessions to keep your bank up-to-date on financial trends, regulatory changes, and required annual training. We add new live sessions on a regular basis.

Click Here