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Webinar on US Federal Income Taxes and Foreign Financial Asset Reporting

February 23, 2023 @ 10:30 am - 12:00 pm

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SPONSORED BY THE COMMITTEE ON TAXATION & IMMIGRATION OF THE 1818 SOCIETY

The Taxation and Immigration Committee is pleased to announce a forthcoming webinar on U.S. Federal Income Taxes and Foreign Financial Asset Reporting to be held on Webex. The webinar will be of primary interest to members of the Society who are U.S. citizens or U.S. permanent residents.

SPEAKER: Mr. Mishkin Santa, J.D., LL.M; Principal, Director of International Tax, The Wolf Group, P.C., Washington, DC and Fairfax, VA (Website:  https://thewolfgroup.com/ )

MODERATOR: Deane Jordan, Chair, Committee on Taxation and Immigration

TOPICS OF DISCUSSION:
The webinar will focus on: (i) important features of the U.S. Federal income tax system and of individual income tax returns for 2022 including recent updates; (ii) how to report the World Bank Group SRP pension as well as other foreign financial accounts and assets on Form 8938 (Statement of Specified foreign Financial Assets); and (iii) how also to report foreign financial accounts on FinCEN Form 114 (Report of Foreign Bank and Financial Accounts (FBAR)).

Time permitting, the webinar may also provide a brief update on the status of the U.S. exit tax (expatriation tax). The exit tax may possibly affect a U.S. citizen who renounces U.S. nationality, or a U.S. permanent resident who terminates U.S. residency either voluntarily or involuntarily, and who meets certain criteria related to the duration of U.S. residency, average annual net income taxes, and net worth.

We will be using Webex webinar, please register to receive the Webex details:
Register here!

Join webex here!

Webinar number: 2319 100 7536
Webinar password: Society1818 (76243891 from phones)

Join by phone
1-650-479-3207 Call-in number (US/Canada)
Access code: 2319 100 7536
Webinar password: Society1818 (76243891 from phones)

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Details

Date:
February 23, 2023
Time:
10:30 am - 12:00 pm

Venue

Webex Meetings

Organizer

1818 Society Tax and Immigration Committee