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Net Worth Test for Expatriation Webinar


Jan. 15
3:00 - 4:00 p.m.

CPE Credits



PICPA Member: $37 | Nonmember: $50

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Course No.


Learn basic concepts about allocating assets between spouses Identify what assets and liabilities are included in the net worth test Understand valuation methods that can be applied to your assets Learn strategies for reducing net worth to avoid being a covered expatriate


Expatriates have to navigate three tests to determine whether they will be covered expatriates. In this session, we will discuss the Net Worth Test in depth. How do you know what you own vs. what belongs to your spouse? What assets and liabilities are included? How do you value them? What can you do if your net worth is "too high"? Learn the basics and the not-so-basics in this Net Worth Test crash course.


Debra Rudd, CPA earned her bachelor’s degree in philosophy from Columbia University. She began her tax career at HodgenLaw PC in 2010, and subsequently earned her CPA license. She is now enrolled in the Master of Science in Taxation program at Golden Gate University. She enjoys working on the U.S. side of cross-border taxation, specializing in passive foreign investment companies, controlled foreign corporations, foreign trusts, and foreign investment in U.S. real estate. She writes and speaks frequently on passive foreign investment companies. In her free time, Rudd enjoys riding her road bike in the Pasadena and Los Angeles areas.

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