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Form 8621 PFIC Reporting: Webinar with Steven Flynn

On Thursday, January 7, 2016, join Steven Flynn and a panel of cross-border tax specialists for a live webinar designed for tax advisers who deal with passive foreign investment company (PFIC) reporting. This program is eligible for 2.0 Continuing Professional Education credits and the learning objectives are described as follows: After completing this course, you […]

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Interview with Simon Davari

December 12, 2015

2014-2015 Major interviews with CPAs As part of the series of major interviews with CPAs, Pénélope McQuade met with three exceptional CPAs who discussed their remarkable career paths, resulting in lively and surprising discussions. Meet the pros.

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Internal Revenue Service Amnesty Programs

November 17, 2015

In 2014, the IRS announced changes to its programs to help delinquent taxpayers file U.S. tax returns. We blogged about the changes to the Streamlined Foreign Offshore Procedures and Streamlined Domestic Offshore Procedures before; you can click to read our blog Internal Revenue Service Announces Changes to Streamlined Programs. The IRS has also created a […]

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Year End Planning – U.S. Citizens Who Own Canadian Mutual Funds

November 10, 2015

U.S. citizens living in Canada face adverse US income tax consequences where they own Canadian or other non-U.S. mutual funds. If you are not sure how the US’s “Passive Foreign Investment Company” rules apply here, please see our previous blog entry US Persons Holding Non-U.S. Mutual Funds. If you are familiar with this issue, then […]

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