Nathan Semmel, CPA, MAcc

Biographical Information:

Nathan Semmel, International Tax Supervisor, has been with the firm since 2015. Nathan’s areas of focus include the preparation of federal and state income tax returns for corporate, partnership, and individual clients, as well as individual business audit examinations for federal and state income taxes and civil penalties (CIVPEN).

Nathan also works with U.S. citizens conducting business abroad and foreign citizens conducting business in the United States, preparing 1040s for expatriates including Form 2555, as well as 1040NR for nonresidents and dual citizens. He has prepared filings in relation to the Streamlined Domestic Offshore Procedure, Streamlined Foreign Offshore Procedure, and Delinquent International Information Return Submission Procedures. Nathan also deals with foreign gifts and inheritances, foreign trust distributions, and foreign trust ownerships, preparing forms 3520 and 3520-A. He prepares Foreign Bank Account Reports (FBAR), and Form 8938 filings regarding foreign accounts and assets that require reporting, as well as forms 5471 and 5472 regarding ownership of foreign companies and foreign owned U.S. corporations. Nathan also has experience preparing Passive Foreign Investment Company (PFIC) filings and ensuring proper election has been made for passive foreign investments, which can include ownership of foreign mutual funds.

His working experience with other foreign issues is not limited to the above.

Licenses and Certifications

  • CPA License: Pennsylvania

Professional Affiliations and Civic Achievements

  • Member of the Pennsylvania Institute of Certified Public Accountants (PICPA)
  • Treasurer of Artists of Yardley, non-profit organization
  • Vice Chair of Upper Makefield Township Investment Committee

Education

  • Master of Accountancy from Seton Hall University
  • Bachelor of Science from the State University at Albany

Practice Areas