IDB Federal Credit Union Presents: Income Taxation for U.S. Citizens and Green Card Holders Webinar

The IDB Federal Credit Union Present:

Join us for Income Taxation for U.S. Citizens and Green Card Holders Webinar presented by the Dale Mason, CPA.

This informative session reviews important IRS tax rules and the changes to the tax law for 2020 tax returns for U.S. citizens and green card holders, and provides the 411 on tax savings ideas.

Seminar topics include:

  • Recent tax changes affecting U.S. income taxes.
  • Tips for preparing U.S. federal income tax returns for 2020.
  • Reporting foreign financial accounts on Form 8938 (Statement of Specified Foreign Financial Assets); and FinCEN Form 114 (Report of Foreign Bank and Financial Accounts (FBAR)).

Discussion of the U.S. exit tax which may possibly affect a U.S. citizen who renounces U.S. citizenship or a U.S. green card holder who terminates U.S. tax residency.