On-demand Webinar: New Treasury Regulations on Cloud Transactions: AP & Tax Reporting Implications

New Treasury regulations released in 2025 finally answer a long-standing question for Accounts Payable teams: how should Software as a Service (SaaS) and other cloud transactions be classified for tax reporting purposes?

For years, AP departments have struggled to determine whether SaaS payments should be treated as rent, royalties, or services. The new guidance makes it clear: SaaS is almost always a service. When it isn’t, it’s considered a lease. Royalties are no longer an option.

The clarification has real and immediate implications for AP teams responsible for vendor setup, tax reporting, and compliance:

• When are SaaS payments reportable on a 1099-NEC?
• When is a W-9 required from U.S.-based cloud providers?
• How should AP handle non-U.S. SaaS vendors, where sourcing rules become far less clear?
• What do the proposed (not final) Treasury sourcing rules mean in practice for AP?

In this webinar, we’ll break down the new cloud transaction rules in plain language, explain what they mean for your day-to-day processes, and highlight where compliance risks still exist.

As time allows, we’ll also cover:

• Key Form 1042-S considerations (due March 15^th)
• Other late-breaking IRS developments, including the proposed updates to Form W-9

Attendees will leave with a clearer understanding of how to classify SaaS payments, what documentation is required, and where AP teams need to pay close attention in 2025.

Featured Speaker

Jason Dinesen

Jason Dinesen, EA, is a distinguished tax professional and educator with a fervent passion for demystifying complex tax concepts. Jason is the founder of Dinesen Tax & Accounting, P.C. and Dinesen Tax Advisory, LLC in the tax and accounting world. He also is founder of Dinesen Media Ventures, which provides a diverse range of media content, ranging from continuing education programs for accountants and tax professionals, to podcast production to radio and journalism content. 

Recognized for his sharp tax interpretations, Jason is renowned for promptly analyzing the latest tax updates and IRS guidance, sharing his insights with the professional community. Over his career, he has educated more than 200,000 accounting, tax, and HR professionals on various topics. Form 1099 was the very first thing he ever taught on, on April 26th, 2012, at a Sheraton Hotel next to a Lowe's in West Des Moines, Iowa. He still teaches on 1099s and around 30 other tax topics.

Continuing education credits available!

Continuing Education for IOFM Certification

Receive 2 CEUs toward maintaining a certification with IOFM! IOFM's premier certification programs are designed to establish standards for the industry and recognize financial operations professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the body of knowledge in their profession. Additional rules may apply, depending on your certification. See full guidelines here. 

Accessibility Information:

IOFM is committed to accessibility. Disability-related accommodation requests for the live event (such as providing live captioning) should be sent to [email protected] by close of business the day before the live webinar. A captioned recording of this webinar can be made available upon request to [email protected].

Cancellation policy:

To cancel your registration for this event, simply contact IOFM customer service at [email protected] (or call 207-842-5557) no later than 24 hours prior to the scheduled start of the event. You can choose to access the full recorded event, or, your credit may be applied toward the purchase of any IOFM product or interactive event. If for any reason you are not completely satisfied with this program, we will provide a full refund — no questions asked!

For more information:

Contact Customer Service:

Phone: (207) 842-5557

Email: [email protected]