Back to Search

Understanding the Foreign Account Tax Compliance Act Webinar

CPE

When
Aug. 15
10:00 a.m. - 12:00 p.m.

CPE Credits
2-Tax

Details

 Pricing

PICPA Member: $89 | Nonmember: $114


 More Information

Course No.
FOR1-2019-01-WEBNR-227-01
Level
Intermediate
Prerequisites
Basic understanding of individual income tax rules
Note
This webinar is hosted by PICPA's partner, Surgent CPE. After registering, you will receive an email from Surgent CPE with the log-in information.

Description

The Foreign Account Tax Compliance Act (FATCA), enacted to target noncompliance by U.S. taxpayers with certain foreign financial accounts and offshore assets, requires U.S. citizens and residents who own certain foreign financial accounts and offshore assets to report those accounts and assets on Form 8938. FATCA also requires foreign financial institutions to report information to the IRS about financial accounts held by U.S. taxpayers, or by foreign entities in which U.S. taxpayers hold a substantial ownership interest. Typically, general tax practitioners encounter FATCA questions when they learn that their clients have foreign assets or foreign accounts and want to know if such items are reportable on Form 8938.

Highlights

  • Complete Forms 8938 accurately and correctly
  • Advise clients with respect to foreign asset required reporting


Speaker(s)

Michael J Tucker, Ph.D., LL.M., J.D., CPA

Michael J. Tucker is an employee of Surgent McCoy CPE, LLC and a consultant for the accounting firm of T.M. Byxbee Co. in Hamden, CT. He is the author of many professional articles and a veteran TV and live-seminar presenter. In addition, he heads up Surgent McCoy's webinar efforts, where he writes and hosts many of the webinars Surgent McCoy sponsors and presents. Mr. Tucker was a professor at Quinnipiac University in Hamden, CT and worked with KPMG Peat Marwick and Deloitte & Touche. Mr. Tucker received his J.D. from New York University, his LL.M. from Georgetown University Law Center, and his Ph.D. from the University of Houston.

 

 


You May Also Like

Monthly Tax Update with Mike Tucker and Jeff Jacobs Webinar
Jan. 24 | Webinar
The Monthly Tax Update is designed to keep general tax practitioners current by providing them with the latest and most important tax developments relating to individual and business taxation. Tax ...
Real Estate Tax Update Webinar
Jan. 24 | Webinar
This program addresses the recent changes imposed by the Tax Cuts and Jobs Act that real estate owners and investors need to know, including Section 199A, the new Section 163(j) ...
Getting Ready for Busy Season: Key Changes Every Tax Practitioner Should Know Webinar
Jan. 24 | Webinar
Getting ready for busy season involves not only knowing what’s new for the current year, but also understanding how the changing limits, phase-outs and other rules apply to current-year returns. ...