With the IRS aggressively targeting taxpayers with unreported offshore accounts, tax professionals must know benefits and pitfalls of offshore accounts.…
Navigating Foreign Waters: The Complex Requirements of Foreign Accounts Compliance
Tomorrow night our firm will be presenting a three hour seminar to tax professionals on foreign account disclosure, FBARs, and OVDI at the Academy of Continuing Professional Education (ACPE):
June 21, 2011 – 7:00 p.m. to 10:00 p.m.
Navigating Foreign Waters: The Complex Requirements of Foreign Accounts Compliance
Parag P. Patel, Esq.
With the IRS aggressively targeting taxpayers with unreported offshore accounts, you must know benefits and pitfalls of offshore accounts. We will review the rules of foreign account disclosure, FBARS: who needs to file, which accounts must be
reported, and the potential liability of the taxpayer and tax preparer. We will identify best practices for compliance and discuss the benefits and pitfalls of the IRS 2011 Offshore Voluntary Disclosure Program for noncompliant taxpayers. Qualifies as 3 taxation credits.
The Academy of Continuing Professional Education (ACPE) has proudly offered continuing education courses for accountants over the past 22 years. During this time, we have been able to recruit the best speakers for the topics that practicing
accountants want – and need – to hear about. The audience for each seminar is typically between 40 to 80 accountants. Most of the audience members have been attending our seminars for multiple years. If you have not attended one of our seminars, come see for yourself why we have such a strong following. This year we are again offering a broad range of topics led by our best speakers. All courses will be held at the Renaissance Woodbridge Hotel, formerly known as the Sheraton at Woodbridge Place Hotel, Iselin, New Jersey.
Patel Law Offices offers a strategy session to discuss how to resolve your legal problem. Conveniently schedule online today with our online scheduler and questionnaire.
Related Posts
- Seminar: Navigating Foreign Waters: The Complex Requirements of Foreign Accounts Compliance on US tax laws
- New Form Updates for Foreign Accounts
The government has made a few recent form updates regarding the filing requirements for the…
- Complicated Form 5471 filing requirements simplified for dormant foreign corporations
The reporting requirements for IRS Form 5471 are complex, including 'category of filer' and required…
Search
Recent Posts
- New Offshore Tax Evasion Investigation: Trident Trust January 31, 2025
- Parag Patel Esq. speaker at the National Association of Enrolled Agents (NAEA) Seminar “Criminal Tax: What Tax Professionals Need to Know to Help Clients and Themselves” January 23, 2025
- New Seminar “Federal Tax Update: What to Expect for the Unexpecting: What Tax Professionals Need to Know to Help Clients & Themselves” January 17, 2025
- John Doe Summons: A potent investigative tool used by the IRS January 14, 2025
- Improving Voluntary Compliance: Reform the IRS Criminal Voluntary Disclosure Practice January 13, 2025
- NJCPA Seminar: “A New Foreign Frontier: Foreign Income & Asset Reporting Update ” December 15, 2024
- Live Webinar on U.S.-India Tax Planning: Key Issues, Tax Treaties: Limited Free Registrations Available December 9, 2024
- New IRS Form Simplifies Section 83(b) Election for Restricted Stock December 7, 2024
- Taxpayer Wins Form 5471 Penalty Case December 3, 2024
- NJCPA Seminar “Federal Tax Enforcement Update on What to Expect for the Unexpecting: What Tax Professionals Need to Know to Help Clients & Themselves” December 1, 2024
- Analysis of the Revised Form 14457: Key Changes to the IRS Voluntary Disclosure Practice November 30, 2024
- IRS Changes Rules (Again) for Forms 1099-K Issuance from Venmo, Paypal, etc. November 27, 2024