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20WS-0658: Surgent's Report of Foreign Bank and Financial Accounts (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Tuesday, September 15, 2020
12:00pm - 2:00pm Central Time
2 CPE (2 technical)

If a client has a financial interest in or signature authority over a foreign financial account, including a bank account, brokerage account, mutual fund, trust, or other type of foreign financial account exceeding certain thresholds, the Bank Secrecy Act may require that taxpayer to report the account yearly to the Department of Treasury. This is done by electronically filing a Financial Crimes Enforcement Network (FinCEN) 114, Report of Foreign Bank and Financial Accounts (FBAR).

Major subjects

  • New filing date for FinCen Form 114
  • Individuals required to file FinCen Form 114
  • Reporting thresholds for FinCen Form 114
  • Penalties for failure to file a required FinCen Form 114
  • Offshore Voluntary Disclosure Program
  • Delinquent FBAR SubmissionProcedures
  • Other foreign activity reporting, including foreign trusts, partnerships interests, and investments in foreign corporations

Learning objective(s)

  • Complete FinCen Form 114
  • Advise clients with respect to foreign bank and financial asset required reporting

Who should take this program?

Tax professionals advising clients with respect to foreign asset and foreign account reporting

Fees

Our records indicate you are a nonmember. If you register, you will be charged $89.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $89.00
checkmark Standard Nonmember Fee $89.00

More program information

Instructor Michael Tucker, PhD, LLM, JD, CPA
Location Online
Area
of study
Taxation
Field(s)
of study
Taxes - Technical (2.0)
Level Intermediate
Format Group Internet Based
Sponsor Surgent
NASBA ID#: 103212
Prerequisites Prereq. Basic understanding of individual income tax rules
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date. Learn more

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If you have questions about this event, please call us at 952-831-2707.