Matt Eyet, Associate, Hass & Hecht, LLP to Speak at KC’s Reporting of Foreign Assets: Navigating the Latest Information Reporting Live Webcast
New York, NY, March 02, 2012 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Matt Eyet, Associate, Hass & Hecht, LLP will speak at a 2-hour webcast entitled “Reporting of Foreign Assets: Navigating the Latest Information Reporting Live Webcast.” This event is scheduled for Wednesday, March 21, 2012 from 12:00 PM to 2:00 PM (ET).
About Matt Eyet
Matt Eyet is an associate in the tax controversy law firm of Hass & Hecht, LLP in New York City. His practice focuses primarily on tax controversy matters. He represents individuals and entities before Federal, State, and local taxing authorities in various matters, including examinations, administrative appeals, federal voluntary disclosures, multistate voluntary disclosures, and collections matters. In addition to controversy work, Matt provides tax quality control to clients of the firm, including presentations and tax alerts. Matt earned a B.S. at the Pennsylvania State University, received his J.D. from Widener University School of Law, and received his LL.M. in Taxation from New York University School of Law.
About Hass & Hecht, LLP
Hass & Hecht, LLP is a tax controversy boutique law firm that focuses on high net worth individuals and entities. It represents clients in controversies with federal, state and local taxing authorities in matters ranging from audits/examinations, appeals, administrative hearings and tax court litigation. The Firm also represents clients in voluntary disclosures to federal, state and local tax jurisdictions which includes the recent federal Offshore Voluntary Disclosure programs
For more information about Hass & Hecht, LLP please call Matt Eyet at 646-315-6127.
Event Synopsis:
As the United States continues to increase its enforcement efforts surrounding the activities of US taxpayers with offshore assets, informational reporting has increased in complexity and administrative burden. Tax practitioners must stay abreast of the latest requirements.
For many years the Bank Secrecy Act has required certain taxpayers to report foreign bank and financial accounts to the U.S. government on Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts, (the “FBAR”). However, the Foreign Account Tax Compliance Act (FATCA) requires an additional annual reporting requirement under IRC Section 6038D for foreign financial assets on IRS Form 8938. This webcast will assist the tax practitioner/preparer in navigating these increasingly difficult waters, including:
- An overview of the FBAR and the TD F 90-22.1
- An overview of the IRS Form 8938 and IRC §6038D
- A compare and contrast of the two forms
- An outline of the penalties for failure to comply (for the taxpayer and, the preparer)
- An overview of the new Offshore Voluntary Disclosure Program recently announced by the IRS
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. Its mission is to produce unbiased, objective, and educational live webcasts that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format.
The organization brings together the world's leading authorities and industry participants through informative two-hour webcasts to study the impact of changes and emerging trends. Hear from leading government officials/regulators, key thought leaders, and industry experts objectively analyze the latest trends and issues and their impact on industries. For further details, please visit the organization’s website: www.knowledgecongress.org
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About Matt Eyet
Matt Eyet is an associate in the tax controversy law firm of Hass & Hecht, LLP in New York City. His practice focuses primarily on tax controversy matters. He represents individuals and entities before Federal, State, and local taxing authorities in various matters, including examinations, administrative appeals, federal voluntary disclosures, multistate voluntary disclosures, and collections matters. In addition to controversy work, Matt provides tax quality control to clients of the firm, including presentations and tax alerts. Matt earned a B.S. at the Pennsylvania State University, received his J.D. from Widener University School of Law, and received his LL.M. in Taxation from New York University School of Law.
About Hass & Hecht, LLP
Hass & Hecht, LLP is a tax controversy boutique law firm that focuses on high net worth individuals and entities. It represents clients in controversies with federal, state and local taxing authorities in matters ranging from audits/examinations, appeals, administrative hearings and tax court litigation. The Firm also represents clients in voluntary disclosures to federal, state and local tax jurisdictions which includes the recent federal Offshore Voluntary Disclosure programs
For more information about Hass & Hecht, LLP please call Matt Eyet at 646-315-6127.
Event Synopsis:
As the United States continues to increase its enforcement efforts surrounding the activities of US taxpayers with offshore assets, informational reporting has increased in complexity and administrative burden. Tax practitioners must stay abreast of the latest requirements.
For many years the Bank Secrecy Act has required certain taxpayers to report foreign bank and financial accounts to the U.S. government on Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts, (the “FBAR”). However, the Foreign Account Tax Compliance Act (FATCA) requires an additional annual reporting requirement under IRC Section 6038D for foreign financial assets on IRS Form 8938. This webcast will assist the tax practitioner/preparer in navigating these increasingly difficult waters, including:
- An overview of the FBAR and the TD F 90-22.1
- An overview of the IRS Form 8938 and IRC §6038D
- A compare and contrast of the two forms
- An outline of the penalties for failure to comply (for the taxpayer and, the preparer)
- An overview of the new Offshore Voluntary Disclosure Program recently announced by the IRS
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. Its mission is to produce unbiased, objective, and educational live webcasts that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format.
The organization brings together the world's leading authorities and industry participants through informative two-hour webcasts to study the impact of changes and emerging trends. Hear from leading government officials/regulators, key thought leaders, and industry experts objectively analyze the latest trends and issues and their impact on industries. For further details, please visit the organization’s website: www.knowledgecongress.org
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The Knowledge Congress
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Contact
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