With one month to go if you are like me, I get real confused when I have clients asking questions about foreign assets, what has to be reported, where it goes, etc. Further below, to give you that last tax season edge, we have re-printed a chart from our 2014/2015 Foreign Reporting for Individuals” manual. (Full manual is available in a printed format or ebook)
- Accountant’s reports and letters for just the new reports and engagement letters without the discussion;
- Compilations (only) for just the compilation changes, reports & letters; and
- Reviews (only) for just the review changes with reports and letters. Because of the sweeping changes, the addition of a new reporting type (Preparation) and the practical guidance involved we highly recommend the live class this year. At TaxSpeaker we are offering this class in nearly every self-sponsored city this summer and combining it with a package price, and many of our sponsoring societies are doing the same, so check the appropriate website.