REGISTER - LIVE WEBCAST

Broadcast Date: Thursday, July 21, 2022 from 3:00 pm to 4:30 pm (ET)

Overview:

The aggressive focus against tax evasion and other criminal activities around the globe is likely to continue. In the U.S., the crackdown on taxpayers who fail to report offshore financial assets and accounts remains to be a top priority for the Internal Revenue Service (IRS)  Criminal Investigation Department, especially violations under the Foreign Bank Account Reporting (FBAR).

The stiffer penalties that await violators and non-compliant entities underscore the need for all concerned individuals to ensure reporting transparency and due diligence. They should also stay well-versed with the recent developments in foreign assets as well as their income reporting obligations to mitigate risks of investigation considering the complex nature of the current disclosure system and requirements.

Join a panel of key thought leaders and practitioners assembled by The Knowledge Group as they unravel the significant and recent enforcement updates in offshore voluntary disclosure programs. Speakers will also provide best compliance tips to mitigate risks and pitfalls.

Key issues that will be covered in this course are:

  • FBAR and U.S. Tax Reporting: Legal Overview
  • How to Navigate Available Voluntary Disclosure Programs
  • Necessary Tools and Best Practices to Mitigate Penalties
  • Best Options for Resolving Non-Compliance
  • Tips to Prepare for What’s Ahead

Credit:

Course Level:

Intermediate

 

Advance Preparation:

Print and review course materials

 

Method of Presentation:

Live Webcast

 

Prerequisite:

General knowledge of tax laws

 

Course Code:

1410242

 

NY Category of CLE Credit:

Areas of Professional Practice

 

Total Credit:

2.0 CLE

Speaker:

Shannon Retzke Smith, Partner
Withersworldwide

Shannon Smith is a highly regarded global tax controversy attorney who assists high net worth US and international individuals and families, corporations, and partnerships in resolving high-stakes, complex tax controversies. She frequently advises on foreign bank account reporting (FBAR) obligations, the Foreign Account Tax Compliance Act (FATCA), and the Internal Revenue Service’s Voluntary Disclosure Program and Voluntary Disclosure Practice, Streamlined Filing Procedure and other means of resolving US income and reporting deficiencies.

Shannon also represents clients in a broad range of tax, trust, estate, and business planning matters, from creating tax-efficient wealth transfer structures to addressing income tax issues arising from investments and operating businesses.

Agenda:

Materials:

Coming Soon.

Please check back again later.

Who Should Attend:

  • Tax Attorneys
  • Tax Practitioners
  • Tax Professionals
  • Tax Accountants
  • Tax Advisers
  • CPAs
  • Controllers
  • Chief Financial Officers
  • General Counsel

SPEAKER

Shannon Retzke SmithPartner
Withersworldwide

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