Foreign Tax Credits in Partnerships: Preparation by Partnership
Moderator: Jim Lynch, Esq., CPA, Sobel & Co, LLC CPAs
This study group will examine the reporting of foreign tax credit information by a partnership. We will have a brief discussion of a creditable tax. The bulk of the discussion will be what information needs to be provided to the partners.
Jim Lynch is a senior tax manager at Sobel & Co. He prepares many of
the firm's more complex personal, partnership, and fiduciary returns, as well as
most of the firm's estate tax returns. In addition, he is significantly
involved in research and planning, particularly in the partnership and estate
areas.
Jim is a licensed Certified Public Accountant in New Jersey and New York and
a licensed attorney in New Jersey. He is a member of the American Institute of
Certified Public Accountants and the New Jersey Society of Certified Public
Accountants He is the Secretary of the International Law section of the
NJSBA. Jim is also a member of the International Fiscal Association. Jim graduated from Rutgers University with degrees in accounting and law. He
also received an MBA in taxation from Fairleigh Dickinson University. Jim resides in Livingston, where he is a member of the Arts Council, and
Board President for Partnerships for People.