Duration: 90 Minutes

Description:

This webinar will explore the latest developments in the Financial Crimes Enforcement Network (FinCEN)’s beneficial ownership reporting requirements. We will cover the historical context of the FBAR Form 114 and its enforcement, the impact of related tax court cases, and the upcoming reporting requirements for foreign beneficiaries of U.S. companies. Designed for tax practitioners and U.S. company founders, this session will provide crucial insights on the forthcoming changes. Stay informed and ensure compliance with the latest updates on FBAR reporting and enforcement.

Learning Objectives

• Understand the new FinCEN beneficial ownership reporting requirements and their implications for tax compliance
• Identify the documentation and information needed to file the new beneficial ownership form for clients
• Recognize potential challenges and red flags related to the new reporting requirements on clients’ tax returns
• Learn the steps and precautions necessary to ensure full compliance with the new FinCEN beneficial ownership reporting regulations

Credits and Other information:

• Recommended CPE credit – 1.5
• Recommended field of study – Taxes
• Session Prerequisites and preparation: None
• Session learning level: Basic
• Location: Virtual/Online
• Delivery method: Group Internet Based
• Attendance Requirement:  Yes
• Session Duration: 90 Minutes

Who Will Benefit:

• CPA
• Enrolled Agents (EAs)
• Tax Professionals
• Attorneys
• Other Tax Preparers
• Finance professionals
• Financial planners

About Our Speaker

Crystal Stranger

Crystal Stranger holds a Juris Doctor of Law degree, is an Enrolled Agent (EA), EOS Integrator, and Senior Tax Director and CEO of OpticTax.com. Bringing over 20 years of finance, accounting, and leadership experience she enjoys helping startups stay focused on the big picture objective while maintaining an eye to the details and performing realistic risk assessments.