Identifying your client’s foreign reporting requirements: How to recognize and advise your client regarding foreign asset reporting compliance
** Thanks to Platinum sponsors Midwest Trust and Longmont Community Foundation as well as Gold sponsor Gibraltar Business Valuations**
Dayna Roane is a CPA and shareholder at Perry, Roane & Henley where she specializes in business tax consulting, including business development planning and specialized business areas such as R&D, construction management, real estate and oil & gas. Dayna has degrees from Princeton University, University of Denver and University of Colorado. She has advanced certifications in business valuation (ABV) and is a Chartered Global Management Accountant (CGMA). She is a regular contributor to the AICPA Journal of Accountancy. In fact, her next “Tax Matters” column will appear in the February 2020 edition. Dayna began studying foreign tax reporting requirements fifteen years ago when two of her local business clients opened offices outside the US.
Venue:
Levin Hall inside the Jewish Community Center located at 6007 Oreg Avenue in Boulder. See link for directions. Check-in for these events will start at 11:15 a.m. with the buffet open for lunch by 11:30. The business meeting will commence at 11:45, just before the 12:00 start time for the speaker.
Program:
During this program, Dayna Roane will share some of her experiences in identifying foreign reporting requirements and helping clients come into compliance. The program will cover the requirements and regulations surrounding taxpayers who have foreign connections, such as foreign trusts, partnerships interests, and investments in foreign corporations.
Objective:
To enable estate planning professionals to identify taxpayers subject to the Foreign Bank and Financial Accounts (FBAR) reporting requirements and specify the timing and other requirements of the filings. Attendees will also learn about the various penalties associated with noncompliance with the various foreign accounts regulations, and be able to recognize other filing requirements that an individual or business may have when they have foreign connections.
CE credit status: CPA, CFP, CLE approved; CLU denied. 1 hour of CE credit available for AEP. Designed for CPAs, attorneys, financial planners, CLUs, ChFCs, and others practicing in the estate planning field. Pre-requisites - none; program level- advanced; advance preparation: none; delivery method: lecture/group study; recommended credit: 1 hour.
