Monday, July 21 | 3:20 p.m. - 5:00 p.m. | Concurrent Session
Mastering Foreign Informational Reporting
2 CPE for AFSP, EA, CFP®, CPA, CRTP
This session provides a comprehensive exploration of foreign informational reporting requirements, offering tax professionals the tools and knowledge to assist clients with international compliance. Gain an in-depth understanding of required forms, penalties for non-compliance and how to navigate the complexities of bringing clients into compliance.
Objectives
Upon completion of this session, you will be able to:
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Summarize international informational reporting requirements
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Identify the consequences of failure to file informational reports, such as information reporting penalties and when the statute of limitations comes into play
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Outline compliance programs and procedures, such as voluntary disclosures and streamlined filing compliance procedures
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Determine practical and ethical challenges associated with providing advice in this space
CPE information
Duration: 100 minutes
Course level: Intermediate
Prerequisite: Basic understanding of federal income taxation
Advanced preparation: None
Delivery method: Group Live