Retroactive Relief Options for International Tax Compliance Errors – Video Self Study Course

Course Description

This course details options for curing prior year tax/information reporting failures in the international context. It will provide details on special provisions for reporting foreign-sourced income on United States tax returns (which often create retroactive issues) and review of information reporting requirements.

NOTE - This is a Video Self-Study Course

Learning Objectives

Upon successful completion of this course participant should be able to be complete the following objectives:

• Understand how foreign-sourced income is reported on United States returns and how foreign assets are reported for information purposes
• Learn in detail how submissions are made under the Streamlined Filing Procedures, and general considerations for a submission/qualification
• Learn in detail how submissions are made under the Delinquent FBAR/International Information Return Submission Procedures, and general considerations for a submission/qualification

CPE Credits: 1 CPE for CPAs and EAs

Level: Basic

Instructional Method: Self-Study

NASBA Field of Study: Taxes

Program Prerequisites: None

Advanced Preparation: None

Revision Date: March 17, 2024