Form 8938 Reporting for Taxpayers With Foreign Assets
Matthew D. Lee will speak at the Strafford webinar and interactive Q&A event, "Form 8938 Reporting for Taxpayers With Foreign Assets," which will provide tax advisers with a timely and practical guide to completing the Foreign Account Tax Compliance Act (FATCA). The panel will define what constitutes a “specified foreign asset” that requires reporting, discuss valuation issues and offer thorough instruction on completing Form 8938, Statement of Specified Foreign Assets, which taxpayers must now file with their income tax returns.
The panel will review these and other key issues:
- Who is required to file Form 8938
- What is required to be reported on Form 8938
- Final regulations that now apply reporting requirements to specified domestic entities
- The overlap of FATCA reporting with foreign bank account (FBAR) reporting
*Please note that there is a cost associated with this event.