This course will prepare you for the 2022 filing season by updating you on the new legislation, rulings and IRS pronouncements that impact US international tax reporting. New in this series of updates is a look at the changes to the 2021 international tax forms and potential changes to the 2022 forms. In this portion David Jarmusz, CPE, JD, LLM, will be covering the topics of Individual and Estate Tax as of May 2022.
CP508C notice. Serious delinquent tax debt. Foreign earned income exclusion. Foreign tax credit. Schedules K-2 and K-3. Nonresident alien. US estate tax.
CPAs, financial professionals, enrolled agents and attorneys.
Individual tax forms. IRS resumes certification of Section 7345 tax debt- March 2021. CP508C and CP508R notice. Foreign earned income inclusion - Section 911. Foreign tax credit calculations. Form 1116. New for 2021- Schedules K-2 and K-3. Form 1040-NR- U.S. nonresident alien income tax return. Taxation of nonresident aliens. 2020 Form 1040-NR change- filing status ‘married’ changed to ‘married filing separate’. Form 1040 filing status option with a nonresident alien spouse. Foreign persons and US investments. Covered expatriates section 877A. The Form 1040-C- U.S. departing alien income tax return. Estate tax. The U.S. estate tax. Foreign gift example. Estate tax treaties. Checklist of estate and gift tax status of assets.
- This is a FlexCast™ (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT.
- You may take up to one year from the date of purchase to complete the course.
- Pause your FlexCast and resume at a convenient day during the hours above.
- Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning.
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David F. Jarmusz, CPA, JD, LLM, is a partner at Jarmusz & Associates Tax, LLC. He is also a veteran of the international tax departments of the ‘Big 4’ accounting firms of Coopers & Lybrand (Washington, D.C. and London, UK) and Ernst & Young LLP (Chicago). As a lifelong international tax practitioner, he has assisted hundreds of clients around the world. He earned a BS in accounting from the Canisius College of Buffalo, NY, a Juris Doctorate from the University of Detroit Law School, and Master of Laws in Taxation from the Georgetown University Law Center.
David resides in the Chicago suburb of Winnetka, Il. In his free time, he sails with his family on Lake Michigan and watches the Buffalo Sabres in their lengthy pursuit of the Stanley Cup. He is also active with his sons through the Boy Scouts of America where he holds a leadership position.
Non-Member Price $113.00
Member Price $98.00