The Knowledge Group
The Knowledge Group

The Knowledge Congress Has Scheduled a Live Webcast on 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, brings together the world's leading authorities and industry participants through informative two-hour webcasts.

It has scheduled a live webcast entitled: “Reporting of Foreign Assets: Navigating the Latest Information Reporting Live Webcast.” This two-hour event is scheduled on Wednesday, March 21, 2012 from 12:00 PM to 2:00 PM ET.

For further details about this event, please visit:
http://www.knowledgecongress.org/event_2012_Foreign_Assets.html

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

Speakers/Faculty Panel

Seth Cohen, Esq., Partner, WeiserMazars LLP

David J. Moise, Esq., Partner, Hass & Hecht, LLP

Cody Cass, Member, Tax Department, WeiserMazars LLP

Matt Eyet, Associate, Hass & Hecht, LLP

Register for this event:

**Avail $25 discount by applying fon4938 on the second page of the registration form when you register for this event.

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.

Contact information:
The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
http://www.knowledgecongress.org
info@knowledgecongress.org

###
Contact
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
ContactContact
Categories