Basics of Foreign Outbound Tax Reporting: Identifying Income Tax and Information Return Reporting Requirements
An Introduction to Forms 1116, 2555, 8938,5471, 8865, 8858, 8621, 926 and the FBAR
Note: CLE credit is not offered on this program
A live 110-minute CPE webinar with interactive Q&A
This course will provide tax advisers and professionals with a sound foundation for identifying foreign tax and asset information requirements for outbound transactions. The webinar will identify reporting requirements, explain outbound filing duties, and detail the intersection between information reporting, income declaration, tax computation, and credit claims.
- Overview of U.S. tax regime
- Determining whether a taxpayer falls under U.S. tax jurisdiction
- Informational reporting requirements
- Income reporting requirements for U.S. taxpayers with income from offshore activities
- How recent legislative changes affect the structure of foreign tax reporting
The panel will discuss these and other relevant topics:
- How the U.S. foreign tax reporting regime is structured for outbound activities
- Types of information filings and how they intersect with one another
- Coordination between U.S. and other countries in identifying assets
- Foreign reporting requirements of U.S. taxpayers
Eisner Advisory Group
Ms. Guis is a Tax Senior Manager in the International Tax Services Group, with nearly 10 years of experience in the... | Read More
Ms. Guis is a Tax Senior Manager in the International Tax Services Group, with nearly 10 years of experience in the areas of tax and accounting. She has experience in U.S. and international tax planning and compliance for U.S. and foreign high net worth individuals. Ms. Guis works with a variety of clients that are U.S. citizen and foreign individual living in both the United States and abroad.Close
Matthew Halpern, CPA, MST
International Tax Senior Manager
Mr. Halpern is a Tax Senior Manager in the International Tax Services Group with more than five years of experience. He... | Read More
Mr. Halpern is a Tax Senior Manager in the International Tax Services Group with more than five years of experience. He works with expatriates and foreign individuals with U.S. activity. Mr. Halpern also works with clients in various industries such as professional services, information technology, and manufacturing and distribution. His client base has significant international operations. Mr. Halpern understands the major impact of the Tax Cuts and Jobs Act (TCJA) as it relates to multinational organizations with Subpart F, Global Intangible Low-Taxed Income (GILTI), and Foreign-Derived Intangible Income (FDII).Close
CPE credit processing is available for an additional fee of $39.
CPE processing must be ordered prior to the event. See NASBA details.