Skip to main content

The WSCPA office is closed except for special events and prearranged visits. You can reach staff during business hours via phone, email or live chat (scroll to bottom of page for contact info).

2022 International Tax Update: Build Back Better Act, Foreign Tax Credit, OECD, and More - FLEXCAST

Available Until Wednesday, May 31

Your Desk

2.0 Credits

Member Price $98.00

Non-Member Price $113.00

Overview

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 Build Back Better Act, the Foreign Tax Credit on the corporate side as of May 2022.

Highlights

US international tax reporting.

Prerequisites

None.

Designed For

CPAs, financial professionals, enrolled agents and attorneys.

Objectives

Build Back Better Act proposals. Updates to Foreign Tax Credit - Corporate. Who can take the FTC. What taxes qualify for the FTC. Section 904 Qualified Taxes. Final Regs on Creditable Foreign Taxes. Carryback and Carryforward. Foreign Tax Credit limitations. Final FTC Disregarded Payment Rules. Income Sourcing Rules. Allocation and Apportionment Regulations. The Organization for Economic Co-Operation and Development (OECD). BEPS 2.0. Transfer Pricing. Form 8975, Schedule A. Treaty Planning.

Preparation

None.

Notice

  • 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.  
  •  Use chat to ask questions of a subject matter expert during the program. 

Leader(s):

Leader Bios

David Jarmusz

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.

Return to Top

Non-Member Price $113.00

Member Price $98.00