US Tax Issues for Immigrants and Aliens
They arrive with and without visas to live and work in the US. As these new arrivals settle in, they are confronted by unique tax issues. This course will provide the practitioner with the tools necessary to serve an expanding clientele. Topics will include the determination of residency for federal tax purposes, elections to be treated as resident aliens, dual-status issues, tax treatment of income and expenses for non-resident aliens, tax credits, administrative issues, and departure filing requirements.
Upon completion of this course, you will be able to:
- Determine residency under the green card and substantial presence tests.
- Recognize and correctly report effectively connected income.
- Determine a nonresident alien’s US filing requirements.
- Make appropriate entries on Form 1040-NR.
- Address issues specific to the NRA, including community property reporting, estate and gift tax rules, and state non-conformity.
This Course Counts for 2 Hours of IRS CE Under the Category of Federal Tax Law Related Matters.
Monica Haven is an enrolled agent with J.D. and LL.M. degrees in law and taxation. She is a nationally recognized speaker and a sought-after guest lecturer on college campuses and at community organizations. She loves to teach and welcomes every opportunity to share her experience and expertise in the classroom, even as she maintains her Southern California tax practice which serves clients throughout the world.