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Course Details

Course Information
  • smart_display Format

    On-Demand

  • signal_cellular_alt Difficulty Level

    Intermediate

  • work Practice Area

    Tax Preparer

Date & Time
  • event Date

    Tuesday, February 28, 2023

  • schedule Time

    1:00 p.m. ET./10:00 a.m. PT

  • timer Program Length

    110 minutes

Credit Information

  • BARBRI is a NASBA CPE sponsor and this 110-minute webinar is accredited for 2.0 CPE credits.

  • BARBRI is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).

$197.00
CPE
ALL

This webinar will explain how tax professionals can assist refugees with the overwhelming U.S. tax requirements. Our panel of foreign filing experts will address critical questions to ask, determining residency status, applying for Taxpayer Identification Numbers (ITINs) and Social Security numbers, and when nonresidents are and are not eligible for specific tax benefits.

Faculty

Frank Agostino
President
Agostino & Associates, PC

Mr. Agostino is the founder and president of Agostino & Associates, P.C.  Prior to entering private practice, he was an attorney with the Internal Revenue Service’s District Counsel in Springfield, Illinois and Newark, New Jersey. Mr. Agostino also served as a Special Assistant United States Attorney, where he prosecuted primarily criminal tax cases. As an adjunct professor, he taught tax controversy at Seton Hall University W. Paul Stillman School of Business and Rutgers School of Law. Mr. Agostino also served as the co-director of the Rutgers Federal Tax Law Clinic.

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Brenda Stuart-Luke
Stakeholder Liason
IRS

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Description

With more immigrants and refugees entering the U.S., tax practitioners should be prepared to assist these individuals with the challenges of becoming compliant with U.S. income tax filing obligations. When approached by an individual new to the U.S., advisers need to know what questions to ask to uncover residency status, work status, deductions and tax credits that are available, and the proper income tax return to file.

To apply for a Social Security number, foreign applicants must have permission to work from the Department of Homeland Security or qualify as a lawful permanent resident. Whether a taxpayer has an Individual ITIN or Social Security number dictates eligibility for certain benefits. Taxpayers must have a Social Security number to claim the Earned Income Tax Credit. Residency status affects the ability to claim the Child Tax Credit. Individuals eligible for a Social Security number cannot apply for an ITIN.

Employers need to understand their responsibility when hiring individuals who have recently arrived in the U.S. An I-9 Form, Employment Eligibility Verification, is required for all employees. They need to understand the types of visas and related work authorization permits.

Listen as our panel of international tax experts explains key considerations for assisting refugees and immigrants with U.S. filing obligations.

Outline

  1. Representing refugees: introduction
  2. Undocumented workers
  3. Residency vs. nonresidency
  4. ITINs vs. Social Security numbers
  5. Green cards
    • Benefits
    • Caveats
  6. Which tax return should be filed?
  7. Dependents
  8. Qualifying for credits and benefits
    • Child Tax Credit
    • Earned Income Credit
    • Education credits
  9. Healthcare
  10. Employer responsibilities
  11. IRS enforcement

Benefits

The panel will cover these and other critical issues:

  • Filing for and differences between ITIN and Social Security number applications
  • What are the differences in tax benefit eligibility for residents vs. nonresidents and ITIN vs. SSN holders?
  • What determines the type of individual income tax return filed for recent arrivals?
  • What are the types of work VISAs and how do they differ?
  • How is the IRS enforcing the tax filing and payment obligations of refugees?

NASBA Details

Learning Objectives

After completing this course, you will be able to:

  • Identify key questions that should be asked of refugees to determine tax filing obligations
  • Determine eligibility requirements of the EITC and CTC
  • Decide how the IRS is enforcing tax filing requirements of immigrants
  • Ascertain tax differences in resident and nonresident status

  • Field of Study: Taxes
  • Level of Knowledge: Intermediate
  • Advance Preparation: None
  • Teaching Method: Seminar/Lecture
  • Delivery Method: Group-Internet (via computer)
  • Attendance Monitoring Method: Attendance is monitored electronically via a participant's PIN and through a series of attendance verification prompts displayed throughout the program
  • Prerequisite: Three years+ business or public firm experience preparing complex tax forms and schedules, supervising other preparers or accountants. Specific knowledge and understanding of international taxation including residency determination, foreign entity classifications, application of treaty benefits, as well as GILTI, Subpart F, and the related Section 250 deductions.

Strafford Publications, Inc. 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 Credits. Complaints regarding registered sponsons may be submitted to NASBA through its website: www.nasbaregistry.org.

IRS Approved Provider

Strafford is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).