This course provides full coverage of United States tax/information reporting requirements for outbound foreign activities and holdings of United States taxpayers.

This course covers the following Topics:
>>Learn how foreign accounts are reported for FBAR purposes
>>Obtain up-to-date information on FBAR case law
>>Understand how FBAR penalties are assessed and collected
>>Ascertain how foreign interests are reported for Title 26 purposes
>>Obtain up-to-date information on Title 26 foreign information reporting case law

Learning Objectives
  • Identify and learn how foreign accounts are reported for FBAR purposes.
  • Discover and obtain up-to-date information on FBAR case law.
  • Explore and understand how FBAR penalties are assessed and collected.
  • Recognize and ascertain how foreign interests are reported for Title 26 purposes.
  • Discover and obtain up-to-date information on Title 26 foreign information reporting case law.
Last updated/reviewed: April 13, 2024
Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
  Course Overview
Course Syllabus
INTRODUCTION AND OVERVIEW
  FBAR Introduction17:40
  FBAR Penalties25:37
  FBAR Cases18:30
  Reporting for United States Taxpayers-Title 26 Requirements16:00
  Form 3520 Reporting13:20
  Form 5471 and Form 8865 Reporting22:26
CONTINUOUS PLAY
  Reporting Foreign Accounts and Assets1:53:33
SUPPORTING MATERIAL
  Slides: Reporting Foreign Accounts and AssetsPDF
  Reporting Foreign Accounts and Assets GlossaryPDF
REVIEW AND TEST
  REVIEW QUESTIONS: quiz
 FINAL EXAMexam