FBAR

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The reporting of interests in foreign financial accounts has been revolutionized in the past year and a half. From the unprecedented negotiations conducted by sovereign tax authorities over banking institutions to the IRS 2009 Voluntary Compliance Initiative to the Proposed Regulations, this revolution in transparency affects almost all taxpayers and their advisors. Join this 2-hour LIVE Webcast by The Knowledge Group where a panel of key thought leaders and experts will help you to get current on the unique overlap of tax and bank secrecy considerations that govern this subject.With the June 30th deadline for filing 2009 forms, join us for a most topical discussion of the new – and old – rules.


We will discuss:
-  The basic FBAR rules
-  The state of IRS Voluntary Compliance Initiatives
-  The Proposed Regulations
-   The Filings Due June 30th
-  Issues on the Horizon

Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Group, LLC
Recommended CLE/CPE Hours: 1.75 - 2.0
Important Note: Your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date or you will not be able to obtain CLE credit.
Advance Preparation: Print and review course materials
Course Code: 104003
Recording Fee: $299 (Please click here for details)
NASBA Sponsor Number: 109004

 

Featured Speakers for It’s Almost June 30th: Do You Know Where Your FBARs Are?
LIVE Webcast:


Proposed Agenda (click here to view more)
SEGMENT 1:


Phillip A. Pillar, Shareholder,
Greenberg Traurig, LLP

Introduction:
     - FBAR: a Hybrid of Anti-Money Laundering and Tax Enforcement
     - FBARs before 2008
     - UBS
     - Other activities leading to heightened enforcement of FBAR

SEGMENT 2:


Kristine Roth, Legislation Counsel ,
The Joint Committee on Taxation

Legislative/Congressional response to foreign account reporting:
     - Concerns about usefulness of FBAR’S as a tax enforcement tool
     - Earlier legislative response
     - HIRE Act/FATCA provisions
          - New reporting requirements for individuals
          - Consequences of non-reporting
          - Interface with FBAR requirements

SEGMENT 3:


Todd Simmens , Partner and National Director, Tax Controversy & Procedure,
BDO Seidman, LLP

Compliance notices, instructions from 2008, onward
     - Current FBAR compliance requirements:
          - Compliance in VDA
          - Since VDA
          - IRS Notices
     - Where we might see foreign account compliance in the future: (Panel)
          - Panel hypothesize where this might go





Greenberg Traurig, LLP
Phillip A. Pillar
Shareholder
speaker bio »»

The Joint Committee on Taxation
Kristine Roth
Legislation Counsel
speaker bio »»

BDO Seidman, LLP
Todd Simmens
Partner and National Director, Tax Controversy & Procedure
speaker bio »»

Who Should Attend?

- Chief Financial Officers
- Chief Accounting Officers
- Treasurers
- Controllers
- Trusts and Estates Attorneys
- Financial,Tax and Legal Advisors

Why Attend?

This is a must attend event to fully understand the important issues surrounding FBARs.
- Detailed guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A

Registration Information:                                                                                                                                    


 

Disclaimer:
Please note, the event date is firm although it may be subject to change. Please click here for details.

 

 

 

 


It’s Almost June 30th: Do You Know Where Your FBARs Are?
LIVE Webcast

Speaker Firms:



The Joint Committee on Taxation







 

The Knowledge Group, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: www.nasba.org


 

We are an approved multi-event sponsor in the state of California. Our provider ID is: 14451. In Texas, Illinois, and Virginia, we submit programs for individual approval in advance. In all other states, once attendance is verified, participants are emailed an official certificate of attendance which they submit to their respective State Bar Associations. Our programs are created with continuing education in mind and are therefore designed to meet the requirements of all State Bar Associations. If you have any questions, please email our CLE coordinator at: info@knowledgecongress.org

Important Note: Your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date or you will not be able to obtain CLE credit.

Attention New York Attorneys:

This program is approved for CLE credit under New York’s Approved Jurisdiction policy. The Knowledge Group, LLC is an approved sponsor in the state of California, a New York Approved Jurisdiction. This program fulfills the non-traditional format requirement of exceeding 60 minutes in length. Please note only experienced attorneys (more than 2 years) are eligible to receive CLE credit via non-traditional format learning platforms. The Knowledge Group will verify attendance during the webcast via secret words (3 per credit hour) and by auditing attendees log in and log out records. All verification instructions will be provided during the webcast. Once attendance verification requirements have been completed, the attendee will be issued a certificate of attendance be The Knowledge Group for the course with the recommended number of credit hours. The Certificate of Attendance is normally sent via email in 24 hours or less.

To Claim Your CLE Credits:

The attorney should simply include credits earned via Knowledge Group webcasts when computing the total number of CLE credits completed, and keep the Knowledge Group Certificate of Attendance for a period of at least four (4) years in case of audit. An attorney may count towards her/his New York CLE requirement credit earned through the Approved Jurisdiction policy without notifying the CLE Board.

To learn more about New York’s Approved Jurisdiction policy. Please visit: http://www.nycourts.gov/attorneys/cle/approvedjurisdictions.shtml



 
Enrolled Agents Sponsor ID Number: 760

We have entered into an agreement with the Office of Professional Responsibility, Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the Office of Professional Responsibility as to the quality of the program or its contribution to the professional competence of the enrolled individual.