Who handles foreign artist withholding when a California venue books an international act? You do. The payer is the withholding agent for 30 percent federal tax on the gross fee and 7 percent California tax on payments over $1,500. Foreign artist withholding drops only when the artist hands you an IRS Central Withholding Agreement letter,…
Do foreign athletes and performers owe U.S. taxes at the 2026 FIFA World Cup? Yes — the IRS requires nonresident alien athletes, entertainers, and businesses earning income in the United States during the 2026 FIFA World Cup to comply with federal withholding rules and file U.S. tax returns, though tax treaties may reduce or eliminate…
Need an exception to the Form 1042 e-file mandate? Learn exactly how to request a hardship waiver for Tax Year 2025, avoid costly penalties, and keep your withholding agent compliance on track! Welcome back, tax professionals and business owners! Let’s be real for a second—tax season is already stressful enough without the IRS throwing…
