FBAR vs. Form 8938

Attend upcoming webinar and earn continuing education credits. Live Webinars   |   On-Demand   |   All-Access Plan Manage Preferences    |    View in Browser FBAR vs. Form 8938 November   18 1 pm - 2:15 pm ET Presenter: Hussein Tarraf, managing partner at Tarraf & Associates PC Credits: CPE, IRS EA, CLE in all states (Credit Details) Can't attend live? By registering, you will be able to view the course live, view a recording at any time after the live presentation, or both. Viewing Options: View on your computer, tablet, or smartphone Learn More Register Today Course Description   The Foreign Account Tax Compliance Act (FATCA), enacted to target noncompliance by U.S. taxpayers with certain foreign financial accounts and offshore assets, requires U.S. citizens and residents who own certain foreign financial accounts and offshore assets to report those accounts and assets on Form 8938. Along the same line, the Internal Revenue Service has focused significant attention on offshore bank accounts and the obligation of U.S. taxpayers to report such accounts on the FBAR (Report of Foreign Bank and Financial Accounts) form. Both the FBAR Form and Form 8938 remain a complex reporting obligation. In addition, the various similarities between the FBAR and Form 8938 create more confusion among taxpayers. While there is certain information that must be reported on both FBAR and Form 8938, Form 8938 requires information that isn't included in an FBAR. In this practical webinar, you will learn how to accurately complete the required FBAR and Form 8938. Upon completion, you will be able to: Identify when a taxpayer has a foreign reporting obligation Determine reporting threshold Distinguish between foreign accounts and foreign assets Determine who is required to file Form 8938 and the FBAR Form Outline what is required to be reported on each Form Compare Form 8938 and FBAR Filing Requirements Learn More Register Today About The Presenter   Hussein Tarraf is the managing partner at Tarraf & Associates PC. Mr. Tarraf has been in public accounting for over 15 years providing tax advisory primarily to small-medium size businesses and high net-worth individuals. In addition to practicing public accounting, Hussein has extensive teaching and research experience within the discipline. Hussein earned a Doctorate of Business Administration degree from Lawrence Technological University, an MBA from Wayne State University, and a B.A. in Accounting from The Lebanese University. Learn More Register Today All-Access Membership   ● Earn continuing education credit for no additional fee ● Access courses on your computer, tablet, or smartphone ● More than 75 live webinars each month ● More than 1,500 on-demand courses Learn More Upcoming Webinars Combating Negative Employee Behavior: Strategies for a Positive and Productive Workplace November 19 at 1 pm ET Learn More Creating Effective Excel Budget Spreadsheets November 19 at 3 pm ET Learn More Corporate Board Meeting Written Records and Best Practices November 20 at 1 pm ET Learn More Questions? Please call us at 703-372-0550 Our Mailing Address: Clear Law Institute | 4601 N. Fairfax Dr., Ste 1200 | Arlington | VA | 22203 Remove me from future emails. Manage email preferences. This email was sent to virginia.duffy.planetduffy@blogger.com. If you are receiving it in error, please reply to this email.