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Self-Study CPE
IRS & FTC PRESENTS: SCAMS, TAX-RELATED IDENTITY THEFT & IDENTITY PROTECTION PIN
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TOOLS AND STRATEGIES TO AVOID ESTATE PLANNING TRAGEDIES
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IRS PRESENTING: ADVOCATING FOR TAXPAYERS WHO RECEIVE COLLECTION NOTICES
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WORKER CLASSIFICATION: EMPLOYEE OR INDEPENDENT CONTRACTOR?
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EXPATRIATION AND THE EXIT TAX: PROS AND CONS OF RENOUNCING CITIZENSHIP
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NAVIGATING TAX REPRESENTATION: FROM POWER OF ATTORNEY TO IRS TRANSCRIPTS
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WORLD OF EMPLOYEE FRINGE BENEFITS
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PROTECTING YOUR BUSINESS AND YOUR FAMILY
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PAYROLL ISSUES INCLUDING A SNEAK PEEK AT W-2s VERSUS 1099
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THE IRS's RENEWED INTEREST IN TAX FRAUD: AN UPDATE FOR TAX PROFESSIONALS
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45

IRS OFFSHORE VOLUNTARY DISCLOSURE PROGRAM

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Cost Free
CPE Credits 1.5 hours
Subject Area 1.5 - Taxes
CE Credits 0.0 hours
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
Who Should Attend CPA - small firm
CPA - medium firm
Other
Series: Taxes
Course Description

The objective of this course is to advise practitioners and taxpayers of new IRS' rules and regulations governing the report and the taxation of income from foreign bank accounts
and foreign assets; and the penalties and relief provisions resulting from the holding of
unreported foreign assets and foreign bank accounts by United States taxpayers.

Topics to be covered in this course will be:

- The Offshore Voluntary Disclosure Program providing Amnesty and tax relief for
taxpayers who have not filed U.S. information or tax returns reporting foreign holdings or income;

- The Streamlined Disclosure Procedure applicable to individuals who have not been
willful in their failure to file United States tax and information returns on foreign
assets;

- Forms required to report foreign bank accounts of U.S. taxpayers;

- Forms required to report foreign assets of U.S. Taxpayers;

- Penalties that apply to unreported foreign assets and foreign bank accounts;

- The United States is putting tremendous pressure on foreign banks to reveal their U.S. bank deposits. At the same time, it has provided several programs for U.S. persons that hold foreign accounts. There are several options to comply with U.S. laws. Each compliance option leads to significant accounting work. This includes clients that must prepare eight years of amended returns to insure they will avoid criminal penalties and other expensive penalties related to the failure to file information on foreign assets and accounts.

- Understanding of the term "willfulness" as applied to the United States tax laws;
A review of all forms and certifications that must be filed to comply with United
States "FACTA" laws;

- Advice for United States residents who have failed to file tax returns on foreign
holding;

- Advise for United States taxpayers not living in the United States on forms to file for
compliance with all Untied States tax laws

Linkedin

Richard Lehman, Esq

Lehman Tax Law
Tax Attorney
rlehman@lehmantaxlaw.com
(561) 368-1113

Lehmantl

Over the past 38 years, Richard S. Lehman has established a sophisticated private practice focusing on tax law. His background, education, and experience has distinguished him in this complex field. A published author and noted speaker, Mr. Lehman has carved a reputation as a powerful client advocate. He is a graduate of Georgetown Law School with a Master’s of tax law from New York University Law School and four years of government service as a senior attorney with the Chief Counsel’s Office of the Internal Revenue Service and as a law clerk on the U.S. Tax Court. Unique to his practice is his position as a sole practitioner. A one-time partner in one of the nation’s largest law firms, Mr. Lehman has found that practicing on his own matches his client’s entrepreneurial spirit. Central to Mr. Lehman’s practice is recognizing that legal needs do not exist in a vacuum.

Additional Materials
Webinar Technical FAQs
Frequently Asked Questions
  • To receive CPE credit, you must register for the webinar before it starts.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • To receive CPE for multiple attendees, at least one person must sign up for the webinar. The post-webinar email contains a link to instructions for the proctor letter. Alternatively, you may log in to your account following the webinar and click on the MY ACCOUNT button to find a link to instructions. For paid courses, payment needs to be made for each attendee before credit will be issued.
Handout Materials
Presentation Slides
Nasba

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

Lehmantl