Madan Internal Training


Madan Internal Training

Introduction to U.S. Income Tax

These slides provide an Introduction to U.S. Income Tax. Continue reading

Madan Internal Training

FBAR – Foreign Reporting Requirements

This training material covers foreign reporting requirements for individuals with the IRS, including the FBAR. Continue reading

Madan Internal Training

Departure Tax Election for U.S. Return

Attach this statement to a US tax return for a person entering the US in the year and leaving (departing) Canada in the year, if the person paid departure tax on Canadian assets. This disclosure allows the individual to increase the cost basis of his Canadian assets subject to departure tax for US tax purposes. Continue reading

Madan Internal Training

Dual Status Statements (Entering and Leaving)

See below statements that should be attached to a dual status return when entering or leaving the US. Continue reading

Madan Internal Training

SPT, First Year Election & FTC Training

This training material covers the following topics: Definition of a US Alien Substantial Presence Test First Year Election for Entering US Residents Dual Status Foreign Tax Credits Continue reading

Madan Internal Training

U.S. 1040 Return & T1 Non-Resident Return

This case is for the preparation of a U.S. 1040 return and a T1 non-resident return for an individual who is a full year resident of the U.S. and a non-resident of Canada. Continue reading

Madan Internal Training

U.S. Training for Tax ID Numbers & Withholding Tax Forms

This training material covers these 4 topics: Individual Taxpayer Identification Number, Employer Identification Number and Form W8-BEN/W8-Ben-E. Continue reading

Madan Internal Training

Clearance Certificate Application Procedure

This training material covers the procedures involved in obtaining a Clearance Certificate in respect of a deceased person’s assets. A Clearance Certificate must be obtained prior to disbursing assets of the deceased to his/her family members. Continue reading

Madan Internal Training

Sample Penalty Abatement Letters

This training material gives practical examples of how to request a cancellation of IRS penalty. Continue reading

Madan Internal Training

Resolution for Issuance of Shares

This is a sample of a Director’s resolution for the issuance of shares in the capital stock of a corporation. When a new company is incorporated, this resolution should be signed by the director(s). Continue reading

Free Online Tax Assessment

Save on Personal Taxes with this Incredible tool!

Save on thousands of dollars every year on personal taxes with this Incredible, FREE tool!

SAVE TAX NOW

Pin It on Pinterest

Share This