Nathan Semmel, CPA, MAcc
Biographical Information:
Nathan has been with the firm since 2015.
Nathan works with U.S. citizens conducting business abroad and foreign citizens conducting business in the United States. His experience includes but is not limited to 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 and Streamlined Foreign Offshore Procedure. 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.
Licenses and Certifications
- CPA License: Pennsylvania
Professional Affiliations and Civic Achievements
- Member of the Pennsylvania Institute of Certified Public Accountants (PICPA)
- Former 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 in Accounting from the University at Albany – State University of New York