Checkpoint Learning

Course Detail

FATCA: Strategies for Coping with this Complicated New Law  

CATEGORY: Taxation
COURSE ID: W254T, VERSION 1.00
  Webinar
2 CPE Credits
Level: Basic
Registration for this event has ended. Please either [search] for an open course or event or contact a salesperson at 800.431.9025 for more information or other options.

This webinar will provide a high-level overview on the Foreign Account Tax Compliance Act (“FATCA”), which is currently scheduled to go into effect July 1, 2014 (See IRS notice 2013-43). Foreign Financial Institutions (“FFI”) have until July 1, 2014 to come into compliance. FATCA is intended to attack non-compliance by US taxpayers who use foreign financial accounts to hold unreported income and assets. FATCA requires FFIs to report to the IRS annually on accounts held by US taxpayers or foreign entities in which US taxpayers hold a substantial interest or risk substantial penalties and other consequences.

NOTE: The IRS RTRP Program has been replaced with a new, voluntary “IRS Annual Filing Season Program.” The AFSP Program requires that CE Sponsors continue collecting PTINs from IRS professionals who wish to receive IRS credit. CE Sponsors will then be able to report course completions for the PTIN holders who have provided this information. Therefore, all IRS PTIN holders (including Enrolled Agents) should enter their IRS PTIN into Checkpoint Learning so that course completions can be reported to the IRS. You do not need to enter your PTIN for each course you take; you only need to add it once. If you have any questions on how to do this, please contact us 800-231-1860.

THIS WEBINAR IS NOT ELIGIBLE FOR CTEC CREDIT.

Registration for this event has ended. Please either [search] for an open course or event or contact a salesperson at 800.431.9025 for more information or other options.
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