FBAR and FATCA Requirements (OnDemand Webinar)

$219.00

SKU: 411544EAU

Description

Gain clear, actionable guidance on which financial accounts must be disclosed and the correct procedures to follow.With a surge in U.S. citizens and American companies relocating overseas to work remotely, understanding the complexities of international tax reporting is more crucial than ever. Many individuals and businesses are unaware of their obligations to report worldwide income and disclose foreign financial accounts, leaving them vulnerable to severe penalties and potential criminal prosecution.This comprehensive webinar will provide you with clear, actionable guidance on which financial accounts must be disclosed and the correct procedures to follow. Additionally, we will cover crucial protective measures for those who have missed reporting deadlines, as well as common scenarios where additional filing requirements are often overlooked.As the IRS intensifies its global efforts to combat money laundering and tax evasion, this webinar is vital for anyone with financial activities outside the U.S. to ensure full compliance and avoid significant legal risks.

Date: 2024-10-22 Start Time: End Time:

Learning Objectives

Foreign Bank Account Report (FBAR)
• Requirements
• Exceptions and Miscellaneous
• Filing Walkthrough

FATCA Reporting
• Requirements
• Exceptions and Miscellaneous
• Filing Walkthrough

Compliance Issues
• Penalties
• Remedies to Cure Non-Reporting and Errors
• Information Sharing Mechanisms

Additional Considerations
• Other Reporting Considerations
• Recent Developments

Question and Answer Session

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Allen Pfeister, CPA, MBA, CIA, CMA, CFM-Tax Uncomplicated, LLC