Master the complex rules of alien tax residency, treaty benefits, and reporting requirements to prevent costly penalties.
Navigating the complex landscape of U.S. taxation for foreign persons is a critical challenge for tax professionals, financial advisors, and multinational businesses. This course provides an in-depth exploration of the strict rules and regulations governing the tax treatment of non-resident aliens, foreign corporations, and other international entities operating, working, or investing within the United States.
The discussion covers essential compliance topics, including the fundamental statutory tests for determining U.S. tax residency, the vital distinctions between Effectively Connected Income (ECI) and Fixed, Determinable, Annual, or Periodical (FDAP) income, and the intricate withholding requirements associated with each income type. Additionally, the material examines the application of international tax treaties, the impact of the Foreign Investment in Real Property Tax Act (FIRPTA), and key cross-border reporting obligations.
This comprehensive overview delivers a thorough understanding of the international tax framework necessary to ensure accurate compliance and mitigate risk when dealing with foreign taxpayers.
"When not knowing, we open our minds, get informed & learn."
Leslie Bonner, Enrolled Agent, MLS, has 39 years of experience in tax law in the areas of individuals, corporations (both C-Corp & S-Corp), partnerships & LLCs, non-profit and tax-exempt entities, and employment tax law. Leslie is skilled in Tax Consulting, Tax Preparation, Employment Tax, Sales Tax, Internal Audit and Accounting. Leslie is a Tax Advisor and Enrolled Agent (EA) with professional experience in helping clients resolve complex tax issues - especially as these issues relate to rental property and passive loss rules, employment taxes, trust, estate and gift taxes, real property & taxation, alien individuals and other foreign persons who need to meet their tax compliance and filing responsibilities, including tax planning, tax preparation, tax audits and representation, and appeals representation before the Internal Revenue Service. Leslie holds a Master in Legal Studies from Washington University at St. Louis School of Law, and a Bachelor of Science in Accounting from Woodbury University. Leslie is an Enrolled Agent who is admitted to practice before the Internal Revenue Service, as well as a Certifying Acceptance Agent (CAA), authorized to act on behalf of alien individuals and other foreign persons with respect to those person who need to obtain an Individual Taxpayer Identification Number (ITIN) or an Employer Identification Number (EIN) from the Internal Revenue Service. Leslie frequently speaks and holds events and webinars on multiple topics including Small Business Workshop, Foreign Persons & Their Tax Responsibilities, Foreign Banks and Financial Account and Tax Reporting Requirements, Real Property & Its Taxation, Estate Tax Planning & Taxation, Worker Classification & Tax Filing Requirements, and Personal Income Tax, Reasonable Compensation & Risk Mitigation, as well as various other tax-related topics.
