US firms host free seminar on compliance with IRS requirements

Topics will cover FATCA, expatriation and voluntary disclosure

Caplin & Drysdale, Chartered, a DC-based law firm in the tax controversy arena, and Ham, Langston & Brezina LLP, a Texas-based multi-service accounting firm, will host “Navigating U.S. tax requirements and strategic methods of coming into compliance,” a seminar on March 11. 

Specifically designed for U.S. taxpayers residing in the Cayman Islands, the program will help attendees learn about the most recent U.S. tax filing and reporting requirements, as well as practical and effective methods for coming into compliance through various IRS voluntary disclosure programs.  

Speakers will address the new reporting requirements under FATCA and expatriation considerations and help guide Cayman-based U.S. non-residents in their filing options. The free seminar is relevant to all U.S. citizens and green card holders, as well as lawyers, accountants, financial planners, and investment professionals who may advise them, organizers said. 

Zhanna A. Ziering and Dianne C. Mehany, attorneys with Caplin & Drysdale, will cover the legal aspects of navigating the various IRS compliance options and discuss strategies for tax filing and expatriation decision making. Richard Duncan, CPA with Ham, Langston & Brezina and international tax expert, will discuss strategies for Cayman-based U.S. taxpayers.  

Rob Imparato, managing director of Sunshine Land Ltd., a long-standing client of Ham, Langston & Brezina, said that understanding the most recent U.S. tax filing and reporting programs and their specifications, as well as recent enforcement activity aimed at noncompliant Americans, is vital to the Cayman business and banking community. 

“The current requirements from the United States require U.S. non-residents to move rapidly and comply with the exchange of information, and we hope this seminar will provide the expertise and strategic guidance needed to clearly understand the available options. We are fortunate to have technical experts visit Cayman and speak candidly to our U.S. citizens.” 

The seminar will be at Luca on West Bay Road from 5:30 p.m. to 7:30 p.m. To register, contact Donna Brezina 
at [email protected], or call 1-281-481-1040.  

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