What Family Offices Need to Know about New U.S. Tax Rulings and Other Long-Standing Tax Issues

There have been a number of significant rulings in the U.S. Tax Court and the U.S. Supreme Court this year regarding charitable contributions, the Report of Foreign Bank and Financial Accounts (“FBAR”) as well as Form 5471 – Information Return of the U.S. Persons with Respect to Certain Foreign Corporations.

In this FOX webcast, specialists from BDO’s National Tax Office will discuss the implication of these cases on family offices and ultra-high net worth individuals in addition to reviewing some of the other issues they commonly see when supporting such clients through challenging periods, including:

• Post-Mortem Tax Compliance
• Audits by the Federal and State Taxing Authorities
• Family Changes, Job Changes and Relocations
• Immigration To or Expatriation from the U.S.

Todd C. Simmens, National Managing Partner of Tax Risk Management, BDO
John M. Nuckolls, Tax Senior Director, BDO
Rosy L. Lor, Managing Director, BDO Private Client Services
Rachel E. Caviness, National Relationship Director, Private Client & Family Office Services, BDO
David F. Toth, President of Membership, FOX