Skip to content
Tax Law Center Blog

Tax Law Center Blog

  • Tax & Foreign Assets
    • Tax Law Services
    • Foreign Asset Planning
  • About
  • Contact Us
Close Button

Navigating Foreign Waters: The Complex Requirements of Foreign Accounts Compliance

20 June, 2011

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.

Related Posts

  • Seminar: Navigating Foreign Waters: The Complex Requirements of Foreign Accounts Compliance on US tax laws

    With the IRS aggressively targeting taxpayers with unreported offshore accounts, tax professionals must know benefits and pitfalls of offshore accounts.…

  • The Complex Landscape of FBAR and Foreign Asset Reporting: A Critical Webinar Update for Tax Professionals (Free)

    The global financial landscape is constantly shifting, presenting U.S. taxpayers and their professional advisors with…

  • Navigating the High Penaties of Delinquent Form 3520 Filings

    For tax practitioners, few issues in the international tax matters carry as much penalty risk…

Tags: amnestyAsset Protection FBAR foreign account offshore accounts voluntary disclosure
Category: Planning for Tax Minimization

Post navigation

Previous: Opting-out or Opting-in of OVDI
Next: Foreign Account Penalties Are Unfair

Related Posts

The Strange Case of U.S. v. Hughes: Willful and Non-Willful (at the Same Time?)

A recent decision from the District Court of Northern California…

Read More

Pandora’s Box Has Opened: Pandora Papers

An unprecedented leak of financial records known as the Pandora Papers has…

Read More

What to Expect if the IRS Audits Your Employee Retention Credit

The Employee Retention Credit (ERC) was a valuable tax credit…

Read More

Recent Posts

  • The Enforcement Surge: What the DOJ and IRS Campaign Means for Tax Professionals and Their ClientsOctober 17, 2026
  • The High Price of Payroll Tax Non-Compliance: Lessons from United States v. PittsSeptember 15, 2026
  • FBAR Willfulness, Recklessness, and the Excessive Fines Defense: Key Takeaways from United States v. RundSeptember 11, 2026
  • FBAR Enforcement and Penalty Analysis: United States v. NiksichSeptember 5, 2026
  • Billions Offshore, Millions Missed: What TIGTA’s Report Means for FATCA EnforcementSeptember 2, 2026
  • Criminal Tax Enforcement Takes Center Stage: The National Fraud Enforcement Division MemorandumAugust 21, 2026
  • Navigating New Jersey Tobacco and Vapor Excise Tax AuditsAugust 11, 2026
  • Navigating the US Estate Portability Election: Strategic Timing and Compliance Procedures for Form 706July 13, 2026
  • IRS Transitions from First Time Abatement to Automated Penalty Relief: Strategic Impacts for Tax AdvisorsJuly 11, 2026
  • Parag Patel to Present on IRS Foreign Asset Enforcement at the 2026 NATP TaxposiumJuly 9, 2026

Law Firm Attorney WordPress Theme By Themespride