Presentation Materials

International Information Return Penalties

Course Description

This program will cover the basic requirements for reporting non-U.S. assets, and then discuss the penalties for failure to file these foreign information returns, the procedures for assessment and review, and taxpayer defenses.

CLE: 1 credit hour in Areas of Professional Practice
CPE: 1 credit hour in Taxation, Sponsor License #002853

Read more Share

When You May Use & Disclose A Client’s Tax Return Information Under 26 U.S.C § 7216

Under 26 U.S.C. § 7216, it is a crime for a tax return preparer to knowingly or recklessly disclose any tax return information, or use that information other than in tax return preparation. There are also civil penalties under 26 U.S.C. § 6713 for wrongful disclosures or uses of tax return information. The definitions of “tax return preparer” and “tax return information” are so broad, and the governing regulations so complex, that an attorney or accountant may inadvertently or “recklessly” violate section 7216 with no intent to do so. Caroline discussed and simplified section 7216 and its regulations.

Read more Share

How to Determine the Right Path Forward for Taxpayers with Foreign Asset Non-Compliance

Thank you for attending the presentation, "How to Determine the Right Path Forward for Taxpayers with Foreign Asset Non-Compliance" by Michael Sardar

For future reference please feel free to access the course materials on this web page to review or save.

View or download course materials

CPE Sponsor License #002853

Share

The TEFRA Partnership Audit Rules Repeal: Partnership and Partner Impacts

The Bipartisan Budget Act of 2015, which President Obama signed into lawonNovember, 2015, repealed the complex and much-criticized TEFRA partnership entity-level audit rules, including the electing large partnership rules. On December 18, 2015, Congress passed, and President Obama signed into law, the Protecting Americans From Tax Hikes (PATH) Act of 2015. This act sets forth certain corrections to the new audit rules.

In this course, Jerald David August and Megan L. Brackney will review the updates to the TEFRA Partnership Audit Rules Repeal.

Read more Share

How to Determine the Right Path Forward for Taxpayers with Foreign Asset Non-Compliance 2016

Thank you for attending the presentation, "How to Determine the Right Path Forward for Taxpayers with Foreign Asset Non-Compliance" by Michael Sardar

For future reference please feel free to access the course materials on this web page to review or save.

View or download course materials

CPE Sponsor License #002853

Share