US Individual Tax for Expatriate and High Net Worth Individuals Certificate Program

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US Individual Tax for Expatriate and High Net Worth Individuals Certificate Program

Facilitator:
Babar Khan, CPA, MBA, BBA, MSc (Tax)

October 30-November 20, 2025
Refer to Agenda for dates and times
Virtual Program via Zoom

Gain valuable, practical knowledge through this unique and intensive program focusing on US taxation for expatriate and high net worth individuals.

This certificate program will focus on the preparation of US Individual tax returns at basic, intermediate, and advanced levels using software. The program is uniquely designed to help participants develop tax preparation skills through modified real-life cases.

The program is designed to provide hands-on tax preparation, including scenarios for US citizens, Canadian snowbirds, cross-border investors, and expatriates. Focusing on real-world case studies, participants will be trained to prepare Resident, Non-Resident and Dual Status tax returns. The program also delves into detailed discussion on PFICs, 3520s, rental income taxation, and other treaty-related issues, giving participants - especially those practising in the areas of Expatriate taxation and High Worth Individual taxation - practical knowledge and skills that they can apply immediately.

Note: This is an intensive program designed to cover wide breath of issues as part of the tax return scenarios, and it includes self-study activities to reinforce learning. Participants should plan for some homework in between sessions.

Registration

Eligible Verifiable CPD Hours: 28.5
Program Fee: $1,650
PD Passport Valid: 52 Credits

Savings Tip for CPABC Members: Purchase the 2025-26 Personal PD Passport at the early bird price of $1,425 and pay no additional fee for this program!

To qualify for the certificate, registrants must attend and complete all sessions. If a live session is missed, registrants must contact CPABC PD to arrange an alternative; otherwise, the certificate will not be awarded.

This program is eligible for 28.5 Verifiable CPD hours: 24.5 hours of structured learning and 4 hours allocated for homework. The amount of time spent on homework may exceed 4 hours. Any additional time spent on unstructured self-study or homework activities in between modules can be reported as Unverifiable CPD hours.

Date & Time	Session
Oct 30, 2025 12pm-12:30pm	Program Kick-off
	Welcome and introduction Purpose and relevance of the certificate in current practices Overview of key topics and modules Program Expectations – self-study, office hours, homework cases, materials Discuss other compliance related issues
On-Demand 4 hours	Module 1: Understanding US individual tax regime, tax residency and tax life cycle
Must be completed prior to attending Module 2	Overview of US individual tax regime, US tax residency, State tax residency Tax Treaty considerations Filing statuses Individual taxpayer identification number (ITIN) Resident vs Non-Resident differences in tax withholding rules Overview of individual tax return – income, deductions, credits, schedules etc. In-depth review of retirement and other registered plans Income sourcing and foreign tax credits (FTCs) Tax treatment of equity income – stock options and RSUs Key FATCA implications Critical tax compliance deadlines and extensions Payroll process overview Overview of Alternative Minimum Tax (AMT) Typical individual taxpayers Homework: Mini-cases
Nov 6, 2025 12pm-4pm	Module 2: Non-Resident tax return (Form 1040-NR)
Must be completed prior to attending Module 3	General tax rules for Non-Resident Aliens and key concepts When to file 1040-NR Important concepts - ECI, FDAP etc. Credits and deductions Tax withholding rules US income tax obligations for Canadian snowbirds spending time in the US Employment income and dividends earned in the US Handling capital gains on US real estate and investments for non-residents US Non-Resident Tax Return Employment income Rental income -U S real estate Treaty Non-Resident Deduction for foreign source income Deduction for treaty exempt income Schedule A, Schedule NEC, Schedule OI Other implications – Canadian snowbirds (Form 8840, Closer Connection Exception Statement for Aliens), withholding forms, W8-BEN, W8-ECI, 1042 etc. Sale of US Real Estate FIRPTA Tax Withholding Forms 8288, 8288-A, 8288-B Reporting on 1040-NR Activity: Class Case (Non-Resident) Homework: Case(s) – 1040-NR Returns
Nov 10, 2025 12pm-4pm	Module 3: Key informational forms & returns
	Forms 3520-A & 3520 – Canadian plans (RESP, TFSA, FHSA) Handling foreign financial assets - FBAR (FinCEN 114), Form 8938 Form 8621 - PFIC Reporting Canadian mutual funds and ETFs Different PFIC tax regimes Form 5471 - Information Return of US Persons With Respect to Certain Foreign Corporations Overview of common scenarios, Brief overview of CFC and Subpart F concepts Some State level considerations Activity: Class exercises Homework: Mini-cases covering 3520-A & 3520 reporting, 8621 Reporting, FBAR reporting and Form 8938 reporting
Nov 13, 2025 12pm-4pm	Module 4: Resident tax return (Form 1040)
	US Resident Tax Return Employment income, business income, equity income, investment income capital gains, rental income Pension income and distributions Schedule K-1 Exempt income Losses Digital Assets Standard deduction vs itemized deduction Dependents and child tax credit Various credits and expenses Principal residence Various other items including cross-border income and reporting Application of US-Canada tax treaty and foreign tax credits Foreign Earned Income Exclusion Activity: Class case (Resident) Homework: Case(s) – 1040 Tax Return(s)
Nov 18, 2025 12pm-4pm	Module 5: Dual-Status tax returns
	Restrictions for Dual-Status Taxpayers Dual Status (in-bound) Type of return and statement First-year choice Taxability of worldwide income post-arrival - income from employment, business, investments, rental etc. Income sourcing/pro-ration will also be covered Various tax return preparation considerations Dual Status (outbound) Type of return and statement Residency termination date Activity – Class Cases (Dual Status) Homework Case(s) – Dual Status Tax Returns
Nov 20, 2025 12pm-4pm	Module 6: Other topics
	Overview of Exit taxes Overview of Deceased/Estate taxes Taxation of cross-border pensions (US and Canada) Tax implications of employment abroad, including social security contributions Recent tax updates Dealing with IRS Notices Third Party Designee Power of Attorney Record Keeping Amended tax return Transcript of tax return Other issues Wrap-up
Nov 8, 15, 22 2025 12pm-1pm	Office Hours (Optional) Office hours are optional, but the instructor will be available during these times to provide additional support and to answer any questions you may have regarding the course material.

Babar Khan, CPA, MBA, BBA, MSc, is an experienced cross-border tax professional with over 14 years of experience in US & Canadian tax compliance and advisory work. He specializes in taxation for Expatriates, Business Travelers, High Net Worth Individuals and Owner-Managed businesses.

Babar also teaches at Canada’s Schulich School of Business and with various CPA bodies. He holds an MSc (Tax) degree from University of Oxford (UK), an MBA from Schulich School of Business (Canada) and a BBA from University of Toronto. He is also a dual US and Canadian CPA. Babar also serves on the board of Infinitum Education, a UK based Startup specialising in EdTech sector.