In today's interconnected world, individuals and businesses are increasingly engaged in cross-border activities, which often come with complex information reporting requirements.
The Program/Webinar, featuring Lowenstein partner Melissa L. Wiley, will cover:
- Foreign assets and transactions that may trigger information reporting requirements, including but not limited to reporting on Forms 3520, 3520-A, 5471, 8938, and FinCEN Form 114 (FBAR).
- Current developments in IRS information return enforcement activity.
- Recent case law on information return penalties and implications, including Aroeste, Bittner, and Farhy.
- Compliance options and strategies for addressing penalties.
Moderator:
- Rosy L. Lor, Managing Director, BDO National Tax Office, Private Client Services, BDO USA, PC
Speakers:
- Melissa L. Wiley, Partner, Lowenstein Sandler LLP
- Christopher M. Whitcomb, Managing Director, Washington National Tax – Tax Controversy & Dispute Resolution Services, KPMG LLP
Time: 12-1:30 p.m. ET
Location: Lowenstein Sandler, 2200 Pennsylvania Avenue, NW, Washington, D.C. 20037; and via Zoom
