Use Landscape to see Search/Filter
Item Types:
Field of Study:
CPE Hours:
Course Details

International Tax Issues for Individuals - v06 (Video) (Course Id 997)

Updated / QAS / Registry / EA
Author : Stuart Sobel, Enrolled Agent (EA), Author, Radio Host, Indiana University Faculty
Status : Production
CPE Credits : 2.0
IRS Credits : 2
Price : $29.95
Passing Score : 70%
Course Type: Video - NASBA QAS - Text - Technical - NASBA Registry - IRS Enrolled Agents
Primary Subject-Field Of Study:

Taxes - Taxes for Course Id 997

Description :

Our world has become a lot smaller. From the comfort of our offices we can transact business with major financial centers located on other continents.

Taxpayers want to reduce their tax liability as much as possible. If they have to pay foreign taxes, they want to maximize any foreign tax credits that they are entitled to receive. The United States tax law allows exclusions for certain types of income earned abroad. The criteria, however, is very strict, and mistakes can wreak havoc on a client’s tax bill. Because the Internal Revenue Service wants to ensure that voluntary compliance is maintained, it has instituted a significant amount of investigation and information reporting of foreign activities by individuals.

This short course will provide an introduction to the major tax issues affecting U.S. citizens living or transacting business abroad. It will include recent changes relating to international tax issues.

The following topics will be discussed.

    • Although income from abroad is taxable, certain items may be excluded.
    • Taxation of nonresident aliens
    • Introduction to tax treaties
    • Filing requirements
    • Withholding and Social Security tax issues
    • Foreign earned income and housing exclusions
    • Foreign tax credit computations
    • Obtaining international tax assistance
    • Impact of bank secrecy laws and currency transaction requirements
    • Contributions to foreign charitable organizations
    • Taxation of dual-status aliens
    • New developments in international taxation

Usage Rank : 0
Release : 2018
Version : 1.0
Prerequisites : None.
Experience Level : Overview
Additional Contents : Complete, no additional material needed.
Additional Links :
Advance Preparation : None.
Delivery Method : Self-Study
Intended Participants : Anyone needing Continuing Professional Education (CPE).
Revision Date : 02-Apr-2018
NASBA Course Declaration : Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam.
Approved Audience :

Video - NASBA QAS - Text - Technical - NASBA Registry - IRS Enrolled Agents - 997

Keywords : Taxes, International, Tax, Issues, Individuals, 2016, Video, cpe, cpa, online course
Learning Objectives :

Course Learning Objectives

Upon successful completion of this course, participants will be able to:
    • Compute a foreign income exclusion
    • Understand the significance of a tax treaty
    • Recognize the differences between a U.S. citizen, resident alien, non-resident alien, and dual-status alien
    • Explain tax planning tools to clients who are moving or residing abroad
    • Identify recent tax changes impacting U.S. taxpayers involved with international activities
Course Contents :

Chapter 1 - International Tax Issues for Individuals


Chapter 1 Review Questions


Tax Transcript Glossary

CPE Taxes Course: https://www.cpethink.com/irs-ea-cpe-courses
Thank you for taking one of our free courses. We would like to be able to let you know when we add free courses or have special offers and will never spam you or share your address with anyone. If you are Ok with that please reply with "Ok" or if not please reply "No Thanks". Either way enjoy your free CPE course.
Exam completed on .

Do you want to add the course again?