Congress and the IRS have recently imposed numerous filing requirements on individuals and businesses with international business and investment activities. The absence of these information forms from taxpayers’ tax returns has been the focus of recent offshore audits and has resulted in hefty penalties.
This webinar, offered by two leading tax controversy attorneys, will discuss the filing requirements and penalties that may apply in the context of: (1) investments in foreign bank and financial accounts; (2) treaty-based tax reporting positions; (3) foreign tax credits; (4) nonresident aliens who have filing obligations in the United States; (5) nonresident aliens who spend time in the United States; and (5) taxpayers who have investments in corporations, partnerships, and disregarded entities.
This webinar will also discuss strategies by which practitioners can proactively eliminate their clients’ exposure to such penalties before an audit and best practices to defend against such penalties in connection with an ongoing audit or investigation.
This webinar is a must-attend for practitioners who have clients with international business and investment activities.
Debra, DE
"I am extensively involved with International - US taxation. This field every year becomes more complicated with more and more fines and penalties. This webinar just introduced persons taking it with the basics and it is overwhelming. Lawrence provided a great concise presentation of all the issues that could be overlooked and heavily fined."Diana, NC
"Fantastic presenter, please invite him back for a shorter course, more focused on 'everyday' foreign tax issues, like when to file Form 1116, if the credit will be advantageous in future years, form 8938, does K-1 foreign earnings and income mean the client 'owns' a foreign account, subject to 8938 reporting requirements?"Tracy, NE
"These Webinar's are very informative and they give you a chance to ask questions ,which is really wonderful. Also gives insight to ask more probing questions to help give the TP the best return possible. I really enjoy them. I recommend them to everyone in the professional field taxes.."Alice, AZ
"This webinar was packed with valuable information. The instructor was very knowledgeable and many of my questions were addressed in the material. Will definitely attend if another webinar is offered by Agostino & Associates."Raymond, DE
"Excellent presentation and materials. Given the amount of material covered Presenter was excellent in touching and making attendees aware of critical points and IRC code reference(s). Excellent."Anita, IN
"Lawrence A. Sannicandro, Esq., LL.M., J.D., MBA is an excellent instructor! He is very knowledgeable and explained complicated tax law very well. Thank you!"John, MI
"Breadth of knowledge and clear presentation on this complicated topic taxes and reporting on foreign income helped me to understand pitfalls for my clients."Richard, OK
"I extremely recommend any webinars by Agostino & Associates, P.C. They spit the information out as if reading it from Cliff Notes but with examples!!!"
McCarter & English, LLP
Attorney
lsannicandro@mccarter.com
9736392081
Lawrence (“Larry”) Sannicandro is an associate in the Tax, Employee Benefits & Private Clients Practice Group who concentrates his practice on tax controversy and tax planning matters. He represents businesses, estates, trusts, and individuals at all stages of tax controversies, including in audits, before the IRS Office of Appeals, and in litigation before the United States Tax Court, the U.S. Court of Federal Claims, the U.S. District Courts, and the U.S. Courts of Appeals.