{"id":5460,"date":"2026-07-09T12:35:26","date_gmt":"2026-07-09T12:35:26","guid":{"rendered":"https:\/\/patellawoffices.com\/blog\/?p=5460"},"modified":"2026-07-11T12:37:37","modified_gmt":"2026-07-11T12:37:37","slug":"parag-patel-to-present-on-irs-foreign-asset-enforcement-at-the-2026-natp-taxposium","status":"publish","type":"post","link":"https:\/\/patellawoffices.com\/blog\/planning-for-tax-minimization\/parag-patel-to-present-on-irs-foreign-asset-enforcement-at-the-2026-natp-taxposium\/","title":{"rendered":"Parag Patel to Present on IRS Foreign Asset Enforcement at the 2026 NATP Taxposium"},"content":{"rendered":"\n<p>As international asset transparency reaches an all-time high, the IRS has dramatically escalated its scrutiny of cross-border holdings. For tax professionals, keeping pace with the aggressive enforcement priorities of the Internal Revenue Service (IRS) is a requirement to protect clients from large penalties.  To help practitioners navigate this increasingly complex arena, Parag Patel, Esq. will be a featured speaker at the 2026 NATP Taxposium at the Cleveland Convention Center next week.<\/p>\n\n\n\n<p>Session Overview: IRS Enforcement of Foreign Asset &amp; Income Reporting<\/p>\n\n\n\n<p>In his upcoming presentation,<em> IRS Enforcement of Foreign Asset &amp; Income Reporting<\/em>, Parag Patel will provide attendees with vital, real-time insights into the current cross-border compliance landscape.<\/p>\n\n\n\n<p>The presentation is specifically designed to equip tax professionals with the practical strategies necessary to identify exposure, handle sensitive client disclosures, and manage IRS controversies effectively. Key areas highlighted in the session include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>International Disclosure Mandates: A strategic look at the strict compliance requirements and penalty structures surrounding critical reporting tools, including FinCEN Form 114 (FBAR), IRS Form 8938 (FATCA), and foreign trust or corporation filings like Forms 3520 and 5471.<\/li>\n\n\n\n<li>The Mechanics of Bank-Driven Disclosures: An examination of how the Foreign Account Tax Compliance Act and international data-sharing networks actively deliver non-compliant taxpayer data directly to the IRS.<\/li>\n\n\n\n<li>Evaluating Latest Correction Paths: A guide to analyzing client willfulness and selecting the optimal correction route, contrasting the formal Voluntary Disclosure Practice against the Streamlined Filing Compliance Procedures and Delinquent Submission Paths.<\/li>\n\n\n\n<li>Defending Against Aggressive Audits: Advanced advocacy techniques to protect clients when a &#8220;quiet disclosure&#8221; or unfiled informational return triggers an IRS examination.<\/li>\n<\/ul>\n\n\n\n<p>Partner with Us for Complex Controversies<\/p>\n\n\n\n<p>International tax defense requires highly specialized legal analysis and sophisticated procedural advocacy. When your clients face undisclosed foreign bank accounts, complex trust assets, or active international audits, we regularly partner with CPAs, EAs, and attorneys to deliver seamless defense strategies that protect taxpayers from severe civil and criminal exposure.<\/p>\n\n\n\n<p>We invite you to connect with Parag Patel at the Taxposium or contact us directly for a professional consultation to learn more about how we can collaborate to resolve your client&#8217;s complex tax issues.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As international asset transparency reaches an all-time high, the IRS has dramatically escalated its scrutiny of cross-border holdings. For tax professionals, keeping pace with the aggressive enforcement priorities of the Internal Revenue Service (IRS) is a requirement to protect clients from large penalties. To help practitioners navigate this increasingly complex arena, Parag Patel, Esq. will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_daextam_enable_autolinks":"1","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5460","post","type-post","status-publish","format-standard","hentry","category-planning-for-tax-minimization"],"_links":{"self":[{"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/posts\/5460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/comments?post=5460"}],"version-history":[{"count":1,"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/posts\/5460\/revisions"}],"predecessor-version":[{"id":5464,"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/posts\/5460\/revisions\/5464"}],"wp:attachment":[{"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/media?parent=5460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/categories?post=5460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/tags?post=5460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}