Your Clients with Foreign Accounts (Digital Download)
Make MORE Money and
help your clients stay out of trouble with the IRS!
The IRS is aggressively looking for taxpayers who don't report their foreign accounts, willfully or not. They are also looking at their tax professionals, to see what guidance they provided to their clients.
In our global world, you must properly interview ALL clients and document, document, document. Gone are the days you can ask one question "Do you have a foreign bank account?" and be done.
You want to properly serve your clients, and of course, you want to protect yourself. The penalties are ENORMOUS, and between limited IRS guidance, changes brought on by the new Tax Act, and misinformation all over the internet, your head is swirling.
Who is this for?
Tax Professionals - Enrolled Agents, CPAs, Attorneys, Tax Preparers -- anyone who touches a tax return!
Assistants and Interviewers in your office who talk to clients before they meet with a preparer.
What you can expect:
Get powerful tools to organize your intake, document your client interviews, and be able to properly report your clients' foreign financial accounts.
Learn how to get more done in less time.
Have ready answers for your clients' questions.
You will be able to increase your billing for this extra work -- you'll be making more money with the same clients!
Plus, You'll Also Get All of This:
Done-for-you due diligence forms to document the exact questions you asked your clients, and their responses. There's even a dedicated Organizer so you don't have to reinvent the wheel.
Worksheets and examples for Residency calculations and Foreign Gifts/Inheritances, etc.
Templates for Foreign Financial accounts (2018, 2019 and 2020).
Foreign Financial Account Organizer, Checklists, Cheat Sheets and more.
Resource Directory with links to Tools & Resources.
All of this content in the package has been created for the working tax professional in plain English and easy to understand.