3 Corporate Tax Management Cost Saving Strategies to Consider
Growing multinational companies juggle many tax responsibilities. Here are some tips for keeping all the balls in the air.
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Webinar: Back to the Future – Significant Changes Expected to the 2020 Form 5471 (Again)
Webinar: Back to the Future – Significant Changes Expected to the 2020 Form 5471 (Again)
Webinar Date:
- April 28, 2021 @ 2:00pm
- EDT
Impact
In 2020, the IRS proposed new changes to the Information Return of U.S. Personas with Respect to Certain Foreign Corporations – known as Form 5471 – which will impact reporting requirements for prior tax years for US taxpayers with ownership in foreign corporations.
Our webinar
In this live, one-hour webinar, GTM’s Brian Abbey and Raymond Wynman will examine the changes to the form expected for tax year 2020.
What attendees learn
This will include a detailed overview of new schedules Q and R, which require taxpayers to provide significant amounts of information not previously needed, such as:
- Income, deductions and assets by Subpart F income groups
- Distributions including Section 986(c) gain/loss
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