Nate Semmel

International Tax Director. Work with U.S. citizens conducting business abroad and foreign citizens conducting business in the United States, preparing 1040s for expatriates including Form 2555, as well as 1040NR for nonresidents and dual citizens. Prepare filings in relation to the Streamlined Domestic Offshore Procedure, Streamlined Foreign Offshore Procedure, and Delinquent International Information Return Submission Procedures. Also deal with foreign gifts and inheritances, foreign trust distributions, and foreign trust ownerships, preparing forms 3520 and 3520-A.

‍

Prepare Foreign Bank Account Reports (FBAR), and Form 8938 filings regarding foreign accounts and assets that require reporting, as well as forms 5471 and 5472 regarding ownership of foreign companies and foreign owned U.S. corporations. Experience preparing Passive Foreign Investment Company (PFIC) filings and ensuring proper election has been made for passive foreign investments, which can include ownership of foreign mutual funds.