COVID-19 Relief for U.S. Citizens and Businesses

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On April 14, 2020 at 12:00pm (East­ern Time), join us for a free webi­nar with U.S. tax attor­ney Alex­ey Man­a­suev, LL.M. (Int’l Tax), NYU, TEP, and a  U.S. tax accoun­tant Ranko Prin­cip, LL.M. (Tax), CPA (MD) who will dis­cuss key areas of the IRS COVID-19 guid­ance applic­a­ble both to U.S. cit­i­zens and busi­ness­es..   Who Will Ben­e­fit From Attend­ing This Webi­nar? This webi­nar is intend­ed for U.S. cit­i­zens, busi­ness own­ers, busi­ness­es, their trust­ed advi­sors and tax pro­fes­sion­als. The con­tent is espe­cial­ly rel­e­vant to U.S. tax and Cana­di­an tax advi­sors who are assist­ing their clients in address­ing U.S. tax and cross-bor­der impli­ca­tions.   Top­ics Cov­ered in This Webi­nar. Every­one by now has been affect­ed by Coro­n­avirus (COVID-19) in one way or anoth­er. Cop­ing with the cri­sis and chal­leng­ing eco­nom­ic con­di­tions rais­es a lot of con­cerns and ques­tions. In this webi­nar, we will dis­cuss key relief mea­sures announced by the U.S. gov­ern­ment and imple­ment­ed by the Inter­nal Rev­enue Ser­vice (IRS) designed to assist indi­vid­u­als and busi­ness­es sur­vive the pan­dem­ic with as lit­tle eco­nom­ic loss as pos­si­ble.   Here’s just a sam­ple of what we’ll cov­er dur­ing this webi­nar: 
  • Overview of key IRS relief pro­vi­sions rel­e­vant to U.S. cit­i­zens resid­ing in Cana­da and out­side the Unit­ed States;
  • Overview of key IRS relief pro­vi­sions for small busi­ness­es;
  • Key con­sid­er­a­tions and prac­ti­cal rec­om­men­da­tions on how to get the relief;
  • Issues sur­round­ing the fil­ing of 2019 zero tax returns and amend­ing pri­or year tax returns;
  • Tech­ni­cal aspects of COVID-19 tax envi­ron­ment — what’s the impact of the autho­rized use of elec­tron­ic sig­na­tures and clo­sures of cer­tain IRS offices;
  • Where do we stand with IRS Amnesty Pro­grams (IRS Stream­lined Fil­ing Com­pli­ance Pro­ce­dures (Domes­tic and For­eign), IRS Delin­quent Inter­na­tion­al Infor­ma­tion Return Sub­mis­sion Pro­ce­dures, IRS Delin­quent FBAR Sub­mis­sion Pro­ce­dures, IRS Relief for For­mer U.S. Cit­i­zens);
  • New 2019 tax year fil­ing and tax pay­ment dead­lines demys­ti­fied — do extend­ed dead­lines apply to inter­na­tion­al infor­ma­tion returns (such as Forms 5471, 5472, 3520, 3520‑A, 8938, Fin­CEN 114 (FBAR)) and tax pay­ments (for exam­ple, part­ner­ship with­hold­ing tax pay­ments report­ed on Form 8813)?
  • … and more!
  To learn more, please reg­is­ter and gain the knowl­edge you need to help your clients pre­pare for their 2019 tax sea­son and effec­tive­ly man­age their poten­tial U.S. tax expo­sure. Plus, you can earn up to 1 CPD cred­it (rel­e­vant to Cana­di­an CPAs).  We hope you join us![templatera id=“34208”]

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