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Etrendsorange

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2018 ANNUAL TAX SEASON UPDATE
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AUDITING THE ERO
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CANCELLATION OF DEBT
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TAX LAW CHANGES: WHAT YOU NEED TO KNOW
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FOREIGN NATIONAL TAXATION - A DEEPER DIVE
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EXPATRIATE TAXATION - A DEEPER DIVE
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AFFORDABLE CARE ACT: EMPLOYER RIGHTS & RESPONSIBILITIES
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TAX TREATMENT OF LIFE INSURANCE PROCEEDS
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TAX TREATMENT OF RETIREMENT PLANS, PENSIONS AND ANNUITIES
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Cpe webinars
Puerto Rico Act 20/Act 22 - The Unbelievable New Tax Strategy

PUERTO RICO ACT 20/ACT 22 – THE UNBELIEVABLE NEW TAX STRATEGY

Available Date(s)
Wednesday, January 16, 2019: 9:00AM EST

Cost Free   CPE Credits 1.0 hour     1 hour for EAs (Federal Tax)    Course Id# - HURS9-T-00358-18-O  Subject Area Taxes  Course Level Basic  Instructional Method Group Internet Based  Prerequisites None  Advanced Preparation None  Who should attend? CPA - small firm
CPA - medium firm
CPA - large firm
Enrolled Agent
Other 
Series: Enrolled Agents, Taxes 
Course Description

In this course you will learn why Puerto Rico has become the new tax home for wealthy individuals and business owners who are looking for a legal way to maintain their U.S. citizenship and still lower their tax bill. In 2012, Puerto Rico implemented ACT 20 (Export Service Act) and ACT 22 (Individual Investors Act) to help reignite their local economy. In the process they ended up giving taxpayers an amazing gift. For those businesses who qualify under ACT 20 they only pay a 4% income tax in Puerto Rico and their qualifying income is exempt under U.S. tax and for those individuals who qualify under ACT 22 they pay 0% tax in Puerto Rico and their qualifying income is exempt from U.S. tax. This strategy is not right for everyone, but it is a life changer for those clients for whom it is. 

Course Objectives:


  • Have a basic knowledge of the tax incentives available in Puerto Rico. 

  • Understand the requirements for ACT 20.

  • Understand what businesses qualify under ACT 20.

  • Understand transfer pricing and why it exists.

  • Understand the requirements for ACT 22.

  • Understand the rules regarding closer connection.

  • Understand the rules regarding physical presence.

  • Understand the rules regarding tax home. 

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Dave Hall

Etrends Group
Managing Partner
dave@etrendsgroup.com
(787) 691-0107

Etrendsorange

Dave Hall is a licensed CPA in Utah, Nevada and Puerto Rico. Dave moved to Puerto Rico in 2015 to take advantage of ACT 20 and 22. Now he travels the U.S. sharing his love for the island and helping others learn about the great benefits that come from living and doing business in this beautiful place.

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Frequently Asked Questions
  • To receive CPE credit for the event, you must register for the webcast prior to the start of each program.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • Multiple attendees: In order to receive CPE for multiple attendees, ensure that at least one person signs up for the webinar. At the completion of the webinar a proctor form is provided. Alternatively, you may also login to your account following the webinar and click on the MY ACCOUNT button where you will find a link to the proctor letter.

Nasba

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

Irs

EA Approved

CPAacademy.org (Sponsor Id#: HURS9) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

Etrendsorange
We are a full service CPA firm that specializes in helping our clients build success.  

Our firm is made up of partners and employees from both the US and Puerto Rico, which gives us a unique advantage over many Accounting firms.