Residency Part II: A Multistate (and Multinational) Perspective (Currently Unavailable)
Author: Hodgson Russ LLP, Timothy Noonan, James M. Bandoblu, Jr., Daniel P. Kelly
| CPE Credit: |
2 hours for CPAs |
Many people have reconsidered their residency as a result of the Coronavirus pandemic. With telecommuting as the new normal, individuals are fleeing high-tax jurisdictions across the United States for no-tax or low-tax states. Others are using the opportunity to move to non-U.S. jurisdictions. This webinar will compare residency rules in various states, and what is required to change your residency when moving within the U.S. and to a non-U.S. jurisdiction.
Publication Date: June 2021
Topics Covered
- Comparison of State Residency Rules Generally
- California Deep Dive
- Case Studies/Examples
- The Puerto Rico Play?
- Foreign Domicile Changes: State Issues
- U.S. Tax Residency Issues from Federal Perspective
Learning Objectives
- Differentiate residency rules in various states
- Identify what is required to change your residency when moving within the U.S. and to a non-U.S. jurisdiction
- Recognize factors and criteria used in California residency analyses and how they apply to your clients
- Identify a way a taxpayer can satisfy the Puerto Rico presence test
- Identify foreign domicile changes state issues and how they apply
- Recognize U.S. Tax Residency Issues from the Federal Perspective
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
