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Self-Study CPE
NAVIGATING TAX REPRESENTATION: FROM POWER OF ATTORNEY TO IRS TRANSCRIPTS
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WORLD OF EMPLOYEE FRINGE BENEFITS
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PROTECTING YOUR BUSINESS AND YOUR FAMILY
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PAYROLL ISSUES INCLUDING A SNEAK PEEK AT W-2s VERSUS 1099
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THE IRS's RENEWED INTEREST IN TAX FRAUD: AN UPDATE FOR TAX PROFESSIONALS
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A PRIMER ON THE IRS's STREAMLINED FILING COMPLIANCE PROCEDURES
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COMMON IRS PENALTIES AND DEFENSES: WHAT YOU NEED TO KNOW NOW
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IRS PRESENTING: NAVIGATING DECEDENTS TAX MATTERS - FORMS AND DEADLINES
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IRS PRESENTING: CIRCULAR 230 - INSIDE THE LINES IN TAX ENGAGEMENT LIFECYCLE
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IRS PRESENTING: QUALIFIED EDUCATIONAL ASSISTANCE PROGRAMS
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Free cpece webinars
International Information Reporting Basics, Noncompliance, and Litigation

INTERNATIONAL INFORMATION REPORTING BASICS, NONCOMPLIANCE, AND LITIGATION

Available Date(s)
Friday, July 05, 2024: 3:00PM EDT

Cost Free
CPE Credits 2.0 hours
Subject Area 2.0 - Taxes (Federal Tax)
CE Credits 2.0 hours
Course Id# - HURS9-T-01601-24-O
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
Course Description

This course will focus on international information reports (e.g., Form 3520, 5471, 8938, etc.) and the situations triggering their filing requirements. We will also discuss the penalties for failing to comply with these filing requirements. Then, we will discuss what happens when you discover that a taxpayer has been non-compliant (i.e., what are their options?). We will examine the different options available to non-compliant taxpayers. Finally, we will discuss what happens after taxpayers have been penalized (i.e., how to litigate these foreign penalties).

Learning Objectives:


  • Identify the basic requirements for international information returns

  • Recognize the specific situations that necessitate the filing of international information returns

  • Determine the penalties for failing to file timely or accurate international information returns

  • List the available options to advise non-compliant taxpayers

  • Recall the fundamentals of international penalty litigation

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Phil is a senior associate at Withers Bergmen LLP (Withers Worldwide). Phil’s practice is focused on domestic and international tax controversy. He has represented clients before the U.S. Tax Court, U.S. district court, U.S. Court of Appeals, and various state courts. He has represented clients from audit through trial and, if necessary, at the appellate level.
 
Phil has spoken on various tax topics and at various forums, including the American Bar Association, New York County Lawyers' Association, IRS Nationwide Virtual Tax Forum, CPA Academy, and NYU Tax Controversy Forum. He has also published several tax-related articles, which have been published by Tax Notes, Bloomberg BNA, Journal of Tax Practice and Procedure, EA Journal, and The Practical Lawyer. In addition to his publication and speaking engagement, he is heavily involved with the American Bar Association, where he is the incoming Chair of the Tax Collections Bankruptcy and Workouts Committee.

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Michael's practice focuses on domestic and international tax planning, compliance, and controversy resolution for individuals and closely held businesses. His experience includes examinations, collection matters, appeals hearings (including collection due process hearings), advising clients on international and domestic filing requirements, advising clients on compliance options, and US international inbound and outbound tax planning for individual and entity taxpayers.
 
Michael has spoken on various tax topics and at various forums, including the International Fiscal Association and most recently on Current Issues Shaping Tax Controversy before the Knowledge Group. He has also published several tax-related articles and has been quoted by various publications including USA Today.

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Thomas focuses his practice on domestic and international tax planning, compliance, and controversy resolution for individuals and closely held businesses. Thomas is experienced in the areas of domestic and international taxation, international tax planning and compliance for businesses and individuals, contracts, and corporate law. He specializes in advising clients on the U.S. tax consequences of cross-border transactions, domestic and international withholding tax, FATCA and CRS reporting, legal and tax aspects of operating a business outside the U.S., structuring corporate transactions, tax treaty analysis, and compliance issues relating to U.S. tax and information reporting. Prior to joining Withers, Thomas worked at an accounting firm as part of the international tax group.

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Frequently Asked Questions
  • To receive CPE credit, you must register for the webinar before it starts.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • To receive CPE for multiple attendees, at least one person must sign up for the webinar. The post-webinar email contains a link to instructions for the proctor letter. Alternatively, you may log in to your account following the webinar and click on the MY ACCOUNT button to find a link to instructions. For paid courses, payment needs to be made for each attendee before credit will be issued.
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NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) 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 submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

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EA Approved

CPAacademy.org (Sponsor Id#: HURS9) has entered into an agreement with the 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 IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

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For the past 125 years Withers Bergman has been proud to assist some of the world's most remarkable individuals and organisations in realising their ambitions and using private capital to transform the world around them. They are the largest law firm in the world dedicated to the needs of successful people, their families, their businesses and their philanthropic activities. With offices across the United States and the Caribbean, Europe and Asia-Pacific, they provide coverage that other law firms with their focus cannot.