- NY Credits : 2.0
- TX Credits : 2.0
- CFP Credits : 2
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 2.0
- IRS Non-Credentialed Return Preparer Credits : Federal Tax - 2.0
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.
Windows Operating Systems: 2003 Server, Vista 32-bit/64-bit, Windows 7 32-bit/64-bit, Windows 8 32-bit/64-bit. Mac Operating Systems: OS X 10.5 or later.
Browsers: Microsoft Internet Explorer 6 or later, Mozilla 1.7 or later, Firefox 3 or later, Safari 4 or later, Chrome 5 or later.