Surgent's Report of Foreign Bank and Financial Accounts (FOR2)

Description

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).

Date/Time

Thursday, August 15, 2019
Registration Time: 12:00pm
12:00pm – 2:00pm

Add to Outlook calendar

Course Type

On-line Live Vendors

CPE Credit

2.00 hours CPE credit

Field of Study

Taxation

Level of Knowledge

Intermediate

Designed For

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

Vendor

Surgent McCoy CPE, LLC

Prerequisites

Basic understanding of individual income tax rules

Advanced Preparation

None

Highlights

  • 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 Submission Procedures
  • Other foreign activity reporting, including foreign trusts, partnerships interests, and investments in foreign corporations

Objectives

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

Location

N/A (This is a webcast)
Member Fee $89.00
Non-Member Fee $89.00
Your Price $89.00

Registration for this course has passed.

View more conferences and courses

Registered for CPE? Log in to download electronic course materials.