Course Description
U.S. tax
residents that own foreign bank and securities accounts are generally required
to submit with the FinCEN, the form 114, commonly known as the “FBAR”. This
presentation will provide a review of the FBAR and the common scenarios that
require an FBAR filing. It will also discuss applicable penalties and most
recent legal developments for the FBAR, derived from the 2023 Supreme Court’s ruling
in the
Bittner case, and the decision just issued in November 2023 in
the
Ariosto case (which discusses the relationship among the FBAR and a
tax treaty).
Learning Objectives
- Determine if an asset is subject to reporting on an FBAR.
- Identify the applicable thresholds to file an FBAR.
- Apply recent caselaw to specific client’s scenarios.
Fernando Juarez, Esq., LL.M. EA
Fernando Juarez, Esq., LL.M. EA, is a member of the International Tax Practice at Freeman Law. He advises on complex U.S. and international tax planning. His practice focuses on domestic and cross-border transactions. His experience also includes voluntary disclosures, FBARs and international compliance.
Read the full bio here!
Fernando Juarez, Esq., LL.M. EA, is a member of the International Tax Practice at Freeman Law. He advises on complex U.S. and international tax planning. His practice focuses on domestic and cross-border transactions. His experience also includes voluntary disclosures, FBARs and international compliance.
Read the full bio here!
Continuing Education
This course qualifies for IRS and CTEC Continuing Education Hours. NAEA reports IRS/CTEC CE on a monthly basis. If you have not received your CE Hours in your IRS PTIN Account by the end of the month after receiving the certificate, please contact NAEA at
education@naea.org. IRS Requirements for live webinars require at least 50 minutes per hour of attendance and answering 3 out of the 4 polling questions. For on-demand, you must watch the full video, answer the knowledge check, and pass the assessment with a score of 70% or above. No partial CE is offered.
Webinar Refund Policy
To request a refund, contact the NAEA education team via email at
education@naea.org. An NAEA education team member will review the request for a refund. If the refund request has been approved, the refund will be refunded on the same method of purchase. Live Webinars, also offered On-Demand will not be refunded.