As globalization continues to blur the lines between national economies, the ability to understand and accurately file international information returns has become indispensable for ensuring compliance and maintaining transparency in cross-border transactions.

This course offers a basic exploration of the mechanisms, regulations, and best practices surrounding international information returns and will provide participants with the knowledge needed to manage the demands of global tax reporting effectively. Attendees will gain an introductory understanding of the various types of international information returns, the circumstances under which they are required, and the potential consequences of non-compliance. 

Learning Objectives:

• Summarize the global tax landscape and the role of information returns in promoting tax transparency and compliance


• Evaluate the in-depth analysis of key international information returns, including 5471, 5472, FBAR (FinCEN Form 114), Form 8938 (Statement of Specified Foreign Financial Assets), FinCEN BOI, and others relevant to cross-border financial activities


• List strategies for identifying reporting obligations based on the nature of international transactions and effectively gathering the necessary information to fulfill these obligations


• Recognize insight into the regulatory environment governing international information returns, including how to avoid penalties, and what to do in case of non-compliance


• Outline best practices for maintaining compliance in a rapidly changing global tax environment and insights into future trends that may impact international tax reporting

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

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