FBAR - Foreign Income and Asset Reporting Webinar

FBAR Webinar: Don’t Risk Penalties – Learn How to Stay Compliant

Did you know?

• Failure to file FBAR can cost you $10,000 per account per year—even if unintentional.

• Willful violations can result in penalties of up to 50% of the account balance or even criminal charges.

• Over 10 million Americans abroad are affected, but nearly 1 in 3 still don’t file because of misinformation or fear.

With the IRS ramping up enforcement, and political pressure to crack down on “offshore wealth hiding,” the risks of ignoring FBAR are higher than ever.

What You’ll Learn in This Exclusive Session:

• FBAR Basics Made Simple: Who must file, how to report, and common misconceptions.

• Real-World Case Studies: Examples of taxpayers hit with penalties—and how they could have avoided them.

• Practical Strategies: How to stay compliant without overpaying in legal/accounting fees.

• The Political Reality: Why Washington is pushing harder on international compliance in 2025, and what that means for you.

• Action Plan: Step-by-step guidance so you leave the webinar knowing exactly what to do next.

Why You Should Register:

• Peace of Mind: Avoid life-changing fines by getting clarity.

• Insider Insights: Learn what tax professionals are advising their top clients.

• Timely Updates: Political shifts are creating new enforcement priorities—be ahead of the curve.

• Exclusive Q&A: Bring your questions and get them answered live.

What We’ll Cover in the FBAR Webinar

• FBAR Filing Essentials
  – Who must file, reporting thresholds, and deadlines.

• What Should & Should Not Be Reported
  – Which foreign bank, investment, and business accounts must be disclosed.
  – Accounts and assets that are exempt (U.S. accounts, foreign real estate, etc.).
  – Common gray areas like retirement accounts and insurance policies.

• Common Mistakes & Penalties
  – Costly errors that trigger IRS audits.
  – Understanding penalties ranging from $10,000 per account to 50% of account balances.

• FBAR vs. FATCA
  – Key differences, overlaps, and why both matter.
  – How the IRS tracks hidden accounts globally.

• The Political Climate & IRS Crackdown
  – Why 2025 brings heightened scrutiny on offshore assets.
  – How U.S. politics influence enforcement priorities.

• Compliance & Catch-Up Options
  – Filing correctly the first time.
  – Relief programs for late or missed filings (Streamlined Procedures, Voluntary Disclosure).

• Live Q&A Session
  – Get your FBAR questions answered directly.