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OnDemand Course

Current Federal Tax Issues and Reporting Requirements

Gain a better understanding of current reporting requirements, IRS enforcement trends, and other current tax issues.

With a new administration in Washington, D.C., many federal agencies are experiencing significant change in their priorities and outlook. The Internal Revenue Service is one such agency, with tax reform and reduction of tax burden top priorities both in Congress and the executive branch. This topic will provide you with a unique perspective on the IRS as the agency undergoes myriad changes, including new leadership, budget constraints, and new priorities. This information will address current IRS enforcement trends, both criminal and civil, and will anticipate future trends in this area. We will also address the latest developments with regard to tax information reporting requirements, including obligations imposed upon taxpayers with captive insurance arrangements and foreign financial assets.

Learning Objectives

  • You will be able to identify the initital and additional Compliance Campaigns.
  • You will be able to recognize trends in IRS progression in criminal investigations and prosecution.
  • You will be able to recognize the developments regarding tax treatment of virtual currency and other digital currencies.
  • You will be able to identify the issues regarding the Coinbase litigation.

Runtime: 103 minutes
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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

IRS Enforcement Trends

  • Trends in Criminal Investigations and Prosecution, Including New Initiatives Undertaken by the IRS-Criminal Investigation Division
  • Continued Offshore Enforcement Focus
  • Captive Insurance Arrangements
  • Cannabis Companies
  • Developments Regarding Federal Tax Treatment of Bitcoin and Other Digital Currencies
  • Estate and Gift Tax Update
  • Tax Reform

Reporting Requirements

  • Form 8886 for Captive Insurance Arrangements
  • Foreign Information Reporting Forms Update
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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on October 19, 2018.

Call 1-866-352-9540 for further credit information.

  • CPE/NASBA - QAS Self Study 2.0 including Taxes 2
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a QAS Self Study sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: https://www.nasbaregistry.org/cpas/complaints. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 2.0 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Taxes for 2.0 hours. Prerequisite: . Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: QAS Self Study. Please refer to the information in this advertisement for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board.
     
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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Jennifer Benda

Jennifer Benda

Hall Estill

  • Partner with Fox Rothschild LLP
  • Former certified public accountant who focuses her practice on tax controversy, tax compliance and tax planning for clients with difficult and sophisticated tax issues
  • Extensive experience handling cases involving IRS focused compliance regimes including for clients who invested in listed transactions, conservation easements, captive insurance arrangements, and clients who own marijuana businesses
  • Experience as a CPA makes her uniquely qualified to address the issues of the marijuana industry, which are a unique blend of accounting and legal considerations
  • Counsels accountants faced with professional liability issues
  • J.D. degree, with honors, George Washington University Law School; M.S. and B.B.A. degrees in accounting, Texas A&M University
Matthew D. Lee

Matthew D. Lee

Fox Rothschild LLP

  • Partner in the Philadelphia office of Fox Rothschild LLP
  • Former U.S. Department of Justice trial attorney
  • Practice emphasizes all aspects of white collar criminal defense and federal tax controversies
  • Advises clients on FATCA and FBAR reporting requirements and IRS voluntary disclosure programs
  • Counsels foreign banks on FATCA compliance issues
  • Author of The Foreign Account Tax Compliance Act Answer Book 2017 (Practising Law Institute)
  • Frequent speaker and writer on issues relating to the IRS voluntary disclosure programs, DOJ/IRS enforcement efforts regarding undeclared foreign bank accounts, and FBAR and FATCA rules and regulations
  • Member of the Pennsylvania, New York, New Jersey and District of Columbia Bars
  • J.D. degree, Emory University School of Law; B.A. degree, Furman University
  • Can be contacted at 215-299-2765 or [email protected]
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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 405067
Published 2018
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