Do you have international penalties that seem to just keep piling up? Offshore compliance remains a top priority for the IRS. Filing the appropriate forms by their due date can be overwhelming, and filing international tax forms incorrectly can subject you to large penalties. Luckily, Internal Revenue Service has a voluntary disclosure program in which you can reduce or remove penalties for reasonable cause. Although stressful and challenging, coming into compliance is important is the only way to stop ongoing penalties and eliminate past penalties. This webinar will outline opportunities for international penalty abatement and discuss the proper steps to take to help streamline your process.
-Discuss International and IRS Regulations
-Overview of Offshore Voluntary Disclosure Programs Discuss
-Review penalties and the best way to mitigate risk
-Identify best compliance practices
Presenter: Jared Johnson and Ben Peeler
Benjamin Peeler, JD, CPA, LL.M, Partner
Ben has more than 18 years of tax experience specializing in federal tax, controversy and procedure. He leads Eide Bailly's IRS Controversy and Procedure practice. Ben has represented the IRS before the United States Tax Court in large and specially designated tax cases, and in litigation before the federal district court as a special assistant to the United States Attorney. He has also worked as an attorney for the IRS Office of Chief Counsel. In addition, he has led and instructed groups of attorneys, revenue agents and revenue officers through various procedures.
Jared Johnson, EA, International Tax Senior Manager
Jared has more than 11 years of professional experience with expatriate and inpatriate taxation. He specializes in international taxation and tax equalization as it specifically relates to individuals. His experience includes both U.S. citizens (and green card holders) working abroad, and individuals from foreign countries working in the United States. Jared also has specialized knowledge in various voluntary disclosure programs available to U.S. taxpayer's with undisclosed accounts.
CPE Hour: 1
CPE Category: Taxes
These are live-group seminars. No prerequisites or advanced preparation required. For information regarding refund, complaint and program cancellation policies, please contact Jason McKeever at 701.476.8773.