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Schedules K-2 & K-3: What You Need to Know to Prepare

SCHEDULES K-2 & K-3: WHAT YOU NEED TO KNOW TO PREPARE

Cost Free
Presentation Length 1.0 hour

Recorded DateMarch 14, 2022
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaTaxes
Course LevelBasic
Course Description

The new Schedules K-2 and K-3 are more broadly required than initially anticipated. The late guidance from the IRS has many accountants scrambling to understand when the form is required and how to complete it. Join Withum International Tax Partner Chaya Siegfried as she walks you through understanding what the intent of the form is, who has to file, and how to complete the various schedules on the form.

Learning Objectives:


  • Determine why the IRS implemented expanded reporting on the Schedules K-2 and K-3

  • Identify when you are required to complete the schedules K-2 and K-3 and which parts of the form are required

  • Outline how to complete the form

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Chaya Siegfried, CPA, MST

WithumSmith+Brown, PC
Lead, Withum's International Business Tax
csiegfried@withum.com
(732) 759-6835

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Chaya is the Lead of Withum’s International Business Tax with more than ten years of professional experience, including public accounting and private industry. She has expertise in advising U.S. and foreign multinational companies on their international operations’ tax implications and coordinating U.S. tax laws with foreign tax laws to develop an optimal worldwide tax strategy.

Chaya is fluent in the rules and regulations regarding controlled foreign corporations, PFICs, withholding taxes, income tax treaty analysis, check-the-box planning, FIRPTA, and foreign informational reporting forms. She is responsible for a variety of assignments with domestic and international companies, including tax due diligence, tax compliance, tax provision, and uncertain tax positions; global tax minimization planning; subpart F analysis and computation; foreign tax credit studies; earnings and profit studies; acquisitions and dispositions of operating units; and other related matters.

She formerly worked for PwC and global hedge fund Caxton Associates.

Chaya is a licensed CPA in the State of New York. She received her MST degree in Taxation from Golden Gate University and her Bachelor of Science degree in Business Administration from the State University of New York.

About Our Presenter

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Withum is a forward-thinking, technology-driven advisory and accounting firm, committed to helping clients be more profitable, efficient and productive in the modern business landscape. With office locations in major cities and financial centers across the country, and as an independent member of HLB, the global advisory and accounting network, Withum serves businesses and individuals on a local-to-global scale. Our professionals provide the expert advice and innovation solutions you need to Be in a Position of StrengthSM in today’s fast-paced, tech-driven world.