As more foreign citizens become subject to US taxation, practitioners must be comfortable with the various issues that can arise, including determining residency for federal tax purposes, dual-status taxpayers, tax treatment of income and expenses for nonresident aliens, available elections and tax credits, administrative issues and departure filing requirements. In this webinar, you’ll learn how to address domestic tax issues for nonresident aliens, enabling you to serve this expanding client base. Upon completion of this course, you will be able to:
- Determine residency under the green card and substantial presence tests
- Recognize and correctly report effectively connected income
- Determine a nonresident alien’s US filing requirements
- Make appropriate entries on Form 1040-NR
- Address issues specific to the NRA, including community property reporting, estate and gift tax rules, and state non-conformity
CPE & CLE Credit: Participants can earn up to 2.0 CPE credits in the Taxes field of study. Please note that CPE credit is only available for viewing the live program. Attorneys can earn CLE credit for this course.
IRS Enrolled Agent Credit: Clear Law Institute is an approved IRS Continuing Education provider. This course qualifies for 2.0 of Continuing Education Credit for enrolled agents under Treasury Department Circular #230 Section 10.6(g).
100% Money-Back Cancellation and Refund Policies: If you can’t make the live webinar, you may cancel at any time before the webinar begins for a full refund. If you are not satisfied with the webinar, we will provide you a full refund. For more information regarding refund, complaint and program cancellation policies, please call us at 703-372-0550.
Program Level: Intermediate
Advanced Preparation: None
Instructional Method: Group-Internet Based
National Registry of CPE Sponsors: Clear Law Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.