Virtual

International Tax Virtual Conference 2024

Date: Jan. 31, 2024

Time: 8:30 a.m. – 4 p.m. PT

CPE: 8

Overview

Globalization impacts the work of businesses and individuals and the tax professionals who advise them. If your clients are facing issues because they have international holdings, are U.S. citizens working in foreign countries or are foreign nationals. As a tax professional, you need an understanding of the forms, reporting requirements, standards and regulations required for international tax. Clear overviews, insightful discussions and best practices from international tax experts are the hallmarks of this event.

Product Code
1000002797
Credit Type
CPE: 8
CPE-Technical: 8
CTEC-TX: 8
IRS-TX: 8
MCLE: 6.5
MCLE LS-TX: 6.5
Format
Virtual
Intended Audience
CPAs, attorneys and other tax or finance professionals who advise nonresidents with U.S. investments, U.S. citizens living or doing business abroad, as well as individuals and families moving across borders.
NASBA Field of Study
Taxes
Level of Difficulty
Update
Prerequisites
Working knowledge of taxation for individuals or businesses.

Learning Objectives

Outline practical ways to advise foreign individuals or families who are entering or leaving the United States, or who have dual status.

Identify new requirements, standards and regulations that impact your international clients and domestic clients with global business interests.

Recognize and understand tax, legal and other business matters pertaining to foreign investments.

Agenda

Welcome Remarks

New Developments in International Taxation
Dive into the latest developments shaping international taxation and acquire invaluable insights for effectively navigating the complexities. Stay informed about Updates to IRS Forms and navigate the intricacies of the Corporate Transparency Act (CTA). Explore recent legal cases such as Farhy v. IRS Commissioner and Moore v. IRS Commissioner. Gain insights into the TCJA Sunsetting Provisions and other extenders crucial to international tax practitioners.
Speaker(s)
John Apuzzo

Overview of U.S. Individual Outbound Taxation
In this session we will explore the fundamentals of U.S. outbound taxation, including options to mitigate double taxation for U.S. taxpayers living and working overseas, income tax implications under the U.S. anti-deferral rules, and information reporting requirements related to foreign financial assets.
Speaker(s)
Qi Wang Helena Yang

Break

Form 5471
Elevate your proficiency in Form 5471 and enhance your expertise in international tax compliance. Join us for an interactive session that transcends theory, offering actionable insights and valuable resources.
Speaker(s)
Anthony Diosdi

Lunch

Selected Tax Issues for Nonresidents Buying a U.S. Personal Residence
Nonresidents frequently buy homes in the United States for family use. Ownership creates income, gift, and estate tax complexity for them. In this session we will explore the ways they can hold title to personal residences to manage their U.S. tax exposure. We will also explore the impact of these different holding structure methods on Federal and California withholding on sale, and why you should never apply to the IRS for a withholding certificate using Form 8288-B.
Speaker(s)
Philip D.W. Hodgen

Estate Planning (and Not Planning) for Foreign Persons with U.S. Assets
Speaker(s)
Michael Karlin Cynthia Brittain

How to Deal with Foreign Trusts with California Beneficiaries
Embark on a comprehensive exploration of handling foreign trusts with California beneficiaries. This session provides insight into the practical aspects of dealing with foreign trusts, equipping you with the knowledge to navigate legal nuances and reporting intricacies.
Speaker(s)
Maria-Soledad Otero Cynthia Brittain

Break

Navigating Schedules K2/K3 – the past and the future
The presentation will focus briefly on the purpose and filing requirements of Schedules K2/K3 with a strong emphasis to the practical issues and questions encountered since the forms were implemented.
Speaker(s)
Polina S Chapiro

Faculty

John Apuzzo

When collaborating with my clients, I leverage deep technical tax knowledge built during 30 years of public accounting experience. My key strengths are helping clients gain a perspective of the global picture — and focus on the vital details — to deliver lasting results. Through corporate tax planning, international tax restructuring, and business valuations, I help my clients navigate complex foreign tax jurisdictions.I also help individuals ...

More about John Apuzzo

Cynthia Brittain

Cynthia “Cindy” Brittain has decades of experience advising high-net-worth and ultra-high-net-worth individuals and families on domestic and international income and estate tax planning strategies and philanthropic endeavors. Her practice offers significant cross-border expertise for families whose members are multinational and whose companies have a global footprint. She helps clients navigate complex issues relevant to international and dome...

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Polina S Chapiro

Polina Chapiro has over 30 years of tax and accounting experience in the areas of corporate reorganizations, mergers and acquisitions (due diligence, agreements, negotiation), taxation of multinational companies (foreign tax credit, structuring, repatriation planning), partnership and S corporations taxation, income tax provisions, tax audits at the federal and state level and negotiations with the IRS, state and foreign tax authorities. As h...

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Anthony Diosdi

Anthony is an experienced trial attorney who regularly defends individuals and corporations in white collar criminal matters, matters involving tax controversies, government regulatory enforcement matters, and complex civil litigation. Anthony has tried dozens of cases in federal and state courts. Anthony has worked at the forefront of the IRS’s and the United States Department of Justice’s offshore enforcement efforts, Anthony has vast experi...

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Philip D.W. Hodgen

Philip D. W. Hodgen is the principal attorney for HodgenLaw PC, which specializes in the international tax arena. He earned his bachelor’s degree from Claremont McKenna College and his juris doctor degree from the School of Law at the University of California, Los Angeles. He went on to earn a master of laws in taxation from the University of San Diego School of Law. For six years as a youth, he lived in Rhodesia, South Africa and New Zealand....

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Michael Karlin

Michael Karlin is a lawyer with over 45 years of experience advising corporate and individual clients on tax, estate planning and business matters involving a cross-border element. Michael began his career in London in 1975 as an articled clerk and assistant solicitor at the firm of D.J. Freeman & Co. (now part of Locke Lord LLP). He was admitted as a solicitor in 1977. In 1980, he became a member of the California Bar and he has resided in Ca...

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Maria-Soledad Otero

Maria began her career in the International Assignment Services department of a Big Four accounting firm in Switzerland, consulting with individuals required to deal with multiple taxing jurisdictions. At first in Lausanne and, beginning in 2004, in Los Angeles, Maria worked with a broad range of clients including corporate executives on international assignments, multinational high net worth individuals and families, business owners and inves...

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Qi Wang

Qi Wang is a tax manager at Spott, Lucey & Wall, Inc. CPAs. Qi works with high-net-worth individuals and multi-national businesses on tax planning and compliance. She specializes in expatriation tax planning and compliance, US inbound and outbound investment and business structuring, and evaluation of tax treaties for avoidance of double taxation. Qi is a certified public accountant and holds a Bachelor of Arts in Business Administration with ...

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Yizhou Yang

Helena Yang is a tax manager at Spott, Lucey & Wall, Inc. CPAs. Helena’s diverse portfolio of clients includes High-Net-Worth individuals, complex partnerships with global operations and investments, as well as multi-national and multi-state companies. She also has substantial experience on reporting of controlled foreign corporations (CFCs) and passive foreign investment companies (PFICs). Helena is a certified public accountant and holds a B...

More about Yizhou Yang

International Tax Virtual Conference 2024

Overview

Product Code

Credit Type

Format

Intended Audience

NASBA Field of Study

Level of Difficulty

Prerequisites

Learning Objectives

Agenda

8:30 – 8:31 a.m. PT

Welcome Remarks

8:31 – 9:45 a.m. PT

New Developments in International Taxation

Speaker(s)

9:45 – 10:35 a.m. PT

Overview of U.S. Individual Outbound Taxation

Speaker(s)

10:35 – 10:45 a.m. PT

Break

10:45 a.m. – 12 p.m. PT

Form 5471

Speaker(s)

12 – 12:30 p.m. PT

Lunch

12:30 – 1:20 p.m. PT

Selected Tax Issues for Nonresidents Buying a U.S. Personal Residence

Speaker(s)

1:20 – 2:10 p.m. PT

Estate Planning (and Not Planning) for Foreign Persons with U.S. Assets

Speaker(s)

2:10 – 3 p.m. PT

How to Deal with Foreign Trusts with California Beneficiaries

Speaker(s)

3 – 3:10 p.m. PT

Break

3:10 – 4 p.m. PT

Navigating Schedules K2/K3 – the past and the future

Speaker(s)

Faculty

Sponsors

Our Gold Partners