December 22, 2023


2 Total CPE Credits


Webinar (CA): Foreign Information Returns: Key Forms 2023

  • Instructor

    Arthur Dellinger,CPA

Learning Objectives

• Gain a working knowledge of all the foreign information returns
• Identify key defenses to IRS criminal and civil penalties for faulty foreign returns or non-filed foreign returns
• Recognize the significance of the IRS voluntary disclosure policy related to offshore transactions and accounts

Major Topics

• IRS foreign information returns and Civil Penalties Information Chart
• Report of Foreign Bank and Financial Accounts: Form Fin CEN Form 114
• FBAR penalty mitigation rules
• Statement of Specified Foreign Financial Assets: Form 8938
• Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Gifts: Form 3520
• Annual Information Return of Foreign Trust With a US Owner: Form 3520-A
• Information Return of U.S. Persons concerning Certain Foreign Corporations: Form 5471
• Information Return of a 25% Foreign-Owned or a Foreign Corporation Engaging in a US Trade or Business: Form 5472
• Return by a US Transfer of Property to a Foreign Corporation: Form 926
• Return of U.S. Persons concerning Certain Foreign Partnerships: Form 8865
• Information Return of U.S. Persons concerning Foreign Disregarded Entities: Form 8858
• Return by Shareholder of a Passive Investment Company or Qualified Electing Fund: Form 8621
• Current procedures for participation in the IRS Offshore Voluntary Disclosure Program (OVDP)

CPE Credits Available

Total CPE

Things to Know About This Course

Course Level

  • Intermediate


Assumes some knowledge of all types of tax returns.

Advanced Preparation

This webinar is produced by CalCPA. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.

Intended Audience

Tax practitioners who want to enhance their understanding of the foreign procedural tax regime.


California CPA Education Foundation

Register For This Event

  • COCPA Member

    $ 89 89
  • COCPA Non-Member

    $ 119 119
    Your Price

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