We’re dropping a sneak peek of SCACPAcade! These aren’t just sessions — they’re quests. Each one is designed to power you up with tools, insights, and strategies to clear the toughest levels in today’s profession.
This week, we’re loading into Spectator Mode to preview a session led by Eddie Brown, CPA, tax manager and principal at SwaimBrown PA. He’s on a mission to decode global tax traps, dodge penalty pitfalls, and guide clients safely through the cross-border maze.
In this session, we’ll address the basic international tax issues that are likely to be encountered by all tax return preparers. We’ll also dig a bit deeper to cover issues that can surprise preparers who have inbound clients needing minimal compliance.
The course is designed to “shotgun” the issues versus focusing on individual, comprehensive compliance processes. Attendees can expect an introduction to the basics, along with alerts on how clients can avoid overwhelming penalties that can be assessed for failing to report basic financial data related to inbound, outbound, and cross-border tax compliance.
South Carolina sees a significant level of foreign investment and corporate ownership. Many non-U.S. persons relocate here to work with foreign-owned companies. In these cases, individual income tax filing steps up to a new but manageable level.
Additionally, taxpayers who remain in South Carolina may continue to own or inherit assets located outside the United States. These typical scenarios will be addressed to help the CPA retain clients rather than referring them elsewhere for tax compliance.
Eddie Brown, CPA, is a tax manager and principal at SwaimBrown PA. He has served in multiple leadership roles within the Association, including as a Past President of the South Carolina Association of CPAs.
A Broad and Brief Introduction to the U.S. Side of International Tax Issues
Thursday, Nov. 20
3:30-4:30 p.m.