You should attend the 2013 International Tax Conference on December 6, 2013 in San Francisco.
Elena is one of the speakers this year.
Elena speaks to CPA groups all over the place, mostly about PFICs. She also teaches an accounting course at Glendale Community College, and is a Becker CPA exam review instructor. You will find out more here.
Who are you, in under 20 words?
A CPA (who’s becoming known as “The PFIC Girl”), a teacher, and an aspiring handstand master.
What are you talking about at the 2013 CalCPA International Tax Conference?
Complicated PFICs with step-by-step calculations and instructions. No definitions, we know these. We calculate numbers, we fill out forms.
Why should people attend your session?
Foreign mutual funds. Most people have them. Many of us know about them, what they are, how to find them on a bank statement, etc. But when it comes to the details and the calculations, the guidance is confusing and the forms are forever changing. This session is my attempt to do a calculations crash-course through three specific examples. One for QEF, one for Mark-to-Market, and one (long one) for Excess Distribution Regime.
The IRS estimates time needed to prepare tax returns. How good are these estimates?
The IRS warns you that Form 8621 will take some time to complete. Specifically, 46 hours and 38 minutes. That’s their estimate per form. You usually have more than one. About 30 more in our typical project.
December 6, 2013 is a Friday. Be in SF on Thursday night. I am going to do a totally unofficial little social gathering the night before, probably at the hotel. Hang out. Have a beverage. Talk shop.
Oh. Here is another reason to attend the International Tax Conference. If you tell your significant other about this event, he/she is likely to tag along for a weekend in San Francisco during the Christmas season. Union Square will be festive. You can spend all day Friday soaking up the international tax goodness while your S. O. is out having fun. What a deal, right?