AICPA Practice Guide for Form 1040NR for Foreign Nationals

This guide offers materials for preparing U.S. tax returns for foreign nationals, including a checklist, a questionnaire, and a flowchart. Learn More>>

Practice Guide for Form 5471
Practice guide on Form 5471, Information Return of U.S. Persons with Respect to Certain Controlled Foreign Corporations (CFCs). Learn More>>

Guide to Foreign Financial Accounting Reporting Requirements

U.S. taxpayers are required to disclose information about foreign financial accounts over which they have signature authority or a financial interest. Penalties for the failure to disclose such accounts are severe. Learn More>>

IRS Provides Toolkit to Combat Abusive Tax Avoidance and Evasion Schemes

One of the Internal Revenue Service's priorities in 2003 was to combat abusive tax avoidance schemes and the individuals who promote them. To reach the maximum audience, the IRS recognizes the importance of partnering with external stakeholders. Learn More>>

Revised Expatriate Returns Now Available

This alert discusses the new revised Form 8854, Initial and Annual Expatriation Information Statement, that incorporates the disclosure changes made by the American Jobs Creation Act of 2004 that apply to individuals who expatriated or terminated their residency after June 3, 2004. It also provides a copy of the new form and instructions. Learn More>>

IRS Audit Checklist for Cost Sharing Arrangements

This audit checklist was created by the IRS Large and Midsize Business Division to help international examiners and field specialists, review and evaluate cost-sharing arrangements under Internal Revenue Code reg. section 1.482-7. Learn More>>

IRS Releases Appeals ISP Settlement Guidelines for Latin American Maquiladora Industry

April 8, 2005. The IRS has released appeals industry specialization program (ISP) settlement guidelines for the maquiladora industry that address a U.S. entity's depreciation deduction under section 168(g) for tangible property transferred to a maquiladora located in Latin America. Learn More>>

Guide to the U.S.-Canada Tax Treaty Fifth Protcol

This guide covers the important provisions in the U.S.-Canada Treaty fifth protocol. Learn More>>

Practice Guide for Form 5471 

Practice guide on Form 5471, Information Return of U.S. Persons with Respect to Certain Controlled Foreign Corporations (CFCs). Learn More>>