International Tax Archives

CPA tax staff building a review-ready Form 8938 FATCA filing architecture from specified-person status and thresholds through foreign accounts, foreign assets, valuation, Part IV cross-references, FBAR differences, tax-item tie-outs, and penalty controls

16 Sep

Form 8938 Training for Tax Staff: Build FATCA Foreign-Asset Reporting Competence Beyond the FBAR

Accounting Workforce Development / Tax Advisory

By Vincent Howard, CPA | Managing Partner, Howard, Howard and Hodges | SkillAbility for Accounting Firms Last updated: September 16, 2026 | 50-minute read TL;DR — The Short Answer Form 8938 training should teach tax staff to build a complete foreign-asset population before they decide whether the taxpayer crossed a FATCA threshold. FBAR is an

CPA tax staff building a review-ready Form 8621 PFIC file from passive-income and asset testing through ownership, section 1291, QEF, mark-to-market, basis, excess distributions, elections, and cross-form review

14 Sep

Form 8621 Training for Tax Staff: Build PFIC, QEF, and Mark-to-Market Reporting Competence

Accounting Workforce Development / Tax Advisory

By Vincent Howard, CPA | Managing Partner, Howard, Howard and Hodges | SkillAbility for Accounting Firms Last updated: September 14, 2026 | 46-minute read TL;DR — The Short Answer Form 8621 training should teach tax staff to identify the PFIC before selecting the regime. The hardest work happens before Part III, IV, or V: entity

CPA tax staff building a review-ready Form 8865 foreign partnership filing architecture from ownership and filer categories through partnership schedules, K-2 and K-3, related transactions, section 721(c), property transfers, ownership changes, and penalty controls

14 Sep

Form 8865 Training for Tax Staff: Foreign Partnerships, Filer Categories, and Review-Ready Reporting

Accounting Workforce Development / Tax Advisory

By Vincent Howard, CPA | Managing Partner, Howard, Howard and Hodges | SkillAbility for Accounting Firms Last updated: September 14, 2026 | 46-minute read TL;DR — The Short Answer Form 8865 training should teach tax staff to determine the filing category before they determine the schedules. A controlled foreign partnership, a 10% U.S. partner, a

CPA tax staff building a review-ready Form 8858 filing architecture from foreign disregarded entity and foreign branch identification through filer categories, ownership, U.S. GAAP schedules, section 987, foreign taxes, related transactions, and penalty controls

11 Sep

Form 8858 Training for Tax Staff: Foreign Disregarded Entities, Foreign Branches, and Review Readiness

Accounting Workforce Development

By Vincent Howard, CPA | Managing Partner, Howard, Howard and Hodges | SkillAbility for Accounting Firms Last updated: September 11, 2026 | 45-minute read TL;DR — The Short Answer Form 8858 training should teach tax staff to build the foreign-unit reporting architecture before they open the tax software. The return starts with the FDE/foreign-branch population,

CPA tax staff building a review-ready FBAR filing architecture from U.S. person status and foreign account population through financial interest, signature authority, aggregate maximum values, Form 8938 reconciliation, BSA e-filing, and penalty controls

04 Sep

FBAR Training for Tax Staff: Build Foreign Account Reporting Competence Before Penalties Create the Lesson

Accounting Workforce Development / Tax Advisory

By Vincent Howard, CPA | Managing Partner, Howard, Howard and Hodges | SkillAbility for Accounting Firms Last updated: September 4, 2026 | 47-minute read TL;DR — The Short Answer FBAR training should teach tax staff to build the complete foreign-account reporting population before they answer Schedule B or open FinCEN Form 114. A review-ready staff

CPA tax staff building a review-ready Form 5472 filing architecture for foreign-owned U.S. corporations and disregarded entities from ownership and related parties through reportable transactions, transfer pricing, filing procedures, and penalty controls

04 Sep

Form 5472 Training for Tax Staff: Foreign-Owned U.S. Entities, Reportable Transactions, and Review Readiness

Accounting Workforce Development / Tax Advisory

By Vincent Howard, CPA | Managing Partner, Howard, Howard and Hodges | SkillAbility for Accounting Firms Last updated: September 4, 2026 | 41-minute read TL;DR — The Short Answer Form 5472 training should teach tax staff to prove the reporting corporation, related party, and reportable-transaction population before entering a single amount on Part IV. A

CPA tax staff building a review-ready Form 5471 filing architecture from U.S. shareholder ownership and filer categories through CFC schedules, E&P, PTEP, foreign taxes, distributions, and shareholder return tie-outs

04 Sep

Form 5471 Training for Tax Staff: Build Foreign Corporation Reporting Competence Without Missing the Filing Architecture

Accounting Workforce Development / Tax Advisory

By Vincent Howard, CPA | Managing Partner, Howard, Howard and Hodges | SkillAbility for Accounting Firms Last updated: September 4, 2026 | 43-minute read TL;DR — The Short Answer Form 5471 training should teach tax staff to build the filing architecture before they prepare the schedules. The return starts with ownership, attribution, filer category, corporation

International Tax Archives - SkillAbility

Form 8938 Training for Tax Staff: Build FATCA Foreign-Asset Reporting Competence Beyond the FBAR

Form 8621 Training for Tax Staff: Build PFIC, QEF, and Mark-to-Market Reporting Competence

FBAR Training for Tax Staff: Build Foreign Account Reporting Competence Before Penalties Create the Lesson

Form 5471 Training for Tax Staff: Build Foreign Corporation Reporting Competence Without Missing the Filing Architecture

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International Tax Archives - SkillAbility

Form 8938 Training for Tax Staff: Build FATCA Foreign-Asset Reporting Competence Beyond the FBAR

Form 8621 Training for Tax Staff: Build PFIC, QEF, and Mark-to-Market Reporting Competence

Form 8865 Training for Tax Staff: Foreign Partnerships, Filer Categories, and Review-Ready Reporting

Form 8858 Training for Tax Staff: Foreign Disregarded Entities, Foreign Branches, and Review Readiness

FBAR Training for Tax Staff: Build Foreign Account Reporting Competence Before Penalties Create the Lesson

Form 5472 Training for Tax Staff: Foreign-Owned U.S. Entities, Reportable Transactions, and Review Readiness

Form 5471 Training for Tax Staff: Build Foreign Corporation Reporting Competence Without Missing the Filing Architecture

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