Presentations by Jean Mammen, EA

In-Person 2017:

Venue:

October 21 and 22, 2017  NYSSEA Annual Conference, Saratoga Springs, NY, October 21 and 22, 2017

Topics:

FBAR and Form 3520: Foreign Account, Gift and Trust Reporting, 2 CE, October 21, 2017

Curing Delinquent International Information Reporting Returns, 2 CE, October 21, 2017

Form 1040NR, Related Forms, and Treaty Provisions, 3 CE, October 22, 2017

October 26, 2017, MD-DC SEA Holiday Inn, College Park, MD, 10 am.

Topics:

Get Income Taxes Right for Visa Holders: Forms, Treaties, Deductions, 4 CE

Presentation Descriptions:

FBAR and Form 3520: Foreign Account, Gift and Trust Reporting, 2 CE, October 21, 2017

U.S. Persons with interests in foreign accounts or trusts, or who receive distributions from foreign trusts or large gifts from foreign persons may be required to file an international information report. Filers need to understand definitions of terms, the requirements of each forms, its authority, who is a U.S. person, and what is timely filing. Line by line study of FBAR and Form 3520. Know if more than one form is required.

Curing Delinquent International Information Reporting Returns, 2 CE, October 21, 2017

Helping a U.S. person who fails to file timely a required FBAR or 3520 international information reorting return. The simplest remedies require a reasonable cause statement on the non-timely filed return. Tax compliant persons living inside or outside the U.S. may use streamlined procedures. Complex and costly OVDP provisions may benefit taxpayers with prolonged and willful delinquency. FATCA-mandated IDES (International Data Exchange System) supplied foreign account information to the IRS.

Form 1040NR, Related Forms, and Treaty Provisions, 3 CE, October 22, 2017

Determine which non-citizen individuals must file a U.S. income tax return, using which form and sections, and which deductions and Table 2 treaty provisions may be claimed. Use of required and optional forms such as Forms 8843 (eXempt individuals), 8840 (closer connection to a foreign country), and elections and statements (residency, real property as U.S. trade or business). Understand common treaty terms and conditions. Compare and contrast country-specific examples.

Getting Income Taxes Right for Visa Holders: Forms, Treaties, Deductions, 4 CE October 26, 2017

Determine which non-citizen individuals must file a U.S. income tax return, whether to file on Form 1040NR, or Form 1040, using which form sections, and which deductions and Table 2 treaty provisions may be claimed. Use of required and optional forms such as Forms 8843 (eXempt individuals), 8840 (closer connection to a foreign country), and elections and statements (residency, real property as U.S. trade or business). Understand common treaty terms and conditions. Compare and contrast country-specific treaty examples. Compare the returns of twin brothers , physician trainees on J1 visas, where the only difference difference in their situations is that one arrived in the U.S. a year earlier than the other.