LLC Tax Traps for Foreign Ownership of US Assets 2 Credits
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Limited Liability Companies (LLCs) are frequently the preferred business structure due to their flexibility and tax advantages. However, when foreign owners are involved, navigating the intricate landscape of LLC taxation becomes especially crucial. This course delves into potential tax traps and pitfalls that foreign investors should be mindful of when holding US assets through an LLC.
This CE Tax Course provides an in-depth exploration of the complexities and potential pitfalls that foreign investors encounter when owning U.S. assets through Limited Liability Companies (LLCs). The curriculum meticulously outlines the tax implications, reporting requirements, and unexpected tax liabilities that may arise from the unique U.S. tax treatment of LLCs with foreign ownership. Participants will gain a comprehensive understanding of how to navigate the U.S. tax system, emphasizing the significance of election status, effective management of U.S.-sourced income, and the impact of treaties on tax obligations.
Major Topics Covered:
Join this online CE course, and attendees will gain valuable insights and strategies for tax optimization, risk mitigation, and maximizing benefits from their U.S. asset holdings through expert-led case studies, ensuring they are well-equipped to avoid common tax traps.
| License details | Credits | Status |
|---|---|---|
| Taxes for Certified Public Accountants (CPA-US) | 2 CPE | Approved |
| Federal tax-related matters for Enrolled Agents (EA) (Approval No. GEHNZ-T-01925-24-S) | 2 CE | Approved |
| Federal tax-related matters for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-T-01925-24-S) | 2 CE | Approved |
| Federal tax-related matters for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-1530) | 2 CE | Approved |
| Taxes for Delaware Licensed Public Accountant (DE-LPA) | 2 CPE | Eligible |
| Federal tax-related matters for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-01925-24-S) | 2 CE | Approved |
| Federal tax-related matters for LTC (Approval No. GEHNZ-T-01925-24-S) | 2 CE | Eligible |
| Taxes for Iowa Licensed Public Accountant (IA-LPA) | 2 CPE | Eligible |
| Taxes for Maine Licensed Public Accountant (ME-LPA) | 2 CPE | Eligible |
| Federal tax-related matters for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-01925-24-S) | 2 CE | Approved |
| License details | Credits | Status |
|---|---|---|
| Taxes for Certified Public Accountants (CPA-US) | 2 CPE | Approved |
| Federal tax-related matters for Enrolled Agents (EA) (Approval No. GEHNZ-T-01925-24-O) | 2 CE | Approved |
| Federal tax-related matters for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-T-01925-24-O) | 2 CE | Approved |
| Federal tax-related matters for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-1530) | 2 CE | Approved |
| Taxes for Delaware Licensed Public Accountant (DE-LPA) | 2 CPE | Eligible |
| Federal tax-related matters for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-01925-24-O) | 2 CE | Approved |
| Federal tax-related matters for LTC (Approval No. GEHNZ-T-01925-24-O) | 2 CE | Eligible |
| Taxes for Iowa Licensed Public Accountant (IA-LPA) | 2 CPE | Eligible |
| Taxes for Maine Licensed Public Accountant (ME-LPA) | 2 CPE | Eligible |
| Federal tax-related matters for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-01925-24-O) | 2 CE | Approved |
Credits
Course Level
Instructional Method
Pre-requisites
Advance Preparation
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MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.
Looking to fulfill your Enrolled Agent (EA) Continuing Education (CE) requirements? MY-CPE online Enrolled Agent CE courses are the best for you. Earn EA CE credits while enhancing your domain knowledge and expertise in diverse tax regulations and practices. Our courses are designed to provide you with the latest updates and deep insights to keep you ahead in your field. With flexible scheduling and a user-friendly platform, MY-CPE offers you a greater convenient and interactive learning experience. Join MY-CPE today and take the next step in advancing your career as an Enrolled Agent.
Crystal Stranger holds a Juris Doctor of Law degree, is an Enrolled Agent (EA), EOS Integrator, and professionally Senior Tax Director and CEO of OpticTax.com. Bringing over 20 years of finance, accounting, and leadership experience she enjoys helping startups stay focused on the big picture objective while maintaining an eye to the details and performing realistic risk assessments.
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We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.
IL
Excellent presentation and comprehensive handout! The content was insightful, well-organized, and highly relevant to understanding the tax complexities surrounding foreign ownership of U.S. assets. A valuable learning experience!
FBV
The presenter is very knowledgeable, the topic is interesting, and applicable in our practice
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