For anyone with international financial roots, the words "foreign account" shouldn’t trigger panic—but without the right guidance, the compliance maze can feel incredibly daunting. The Foreign Bank Account Report (FBAR) remains one of the most misunderstood cross-border tax requirements, carrying some of the most draconian penalties in the entire Internal Revenue Code for simple oversight.

In this exclusive masterclass, renowned international tax attorney Michael J. DeBlis III, Esq., strips away the legal jargon to demystify the FBAR. Whether you are a US expat, a dual citizen, a resident alien, or a financial professional advising international clients, this webinar provides a clear, actionable roadmap. You will learn exactly who must file, what assets must be disclosed (including hidden traps like foreign life insurance and digital assets), and how to safely correct past mistakes before the IRS comes knocking.

Don't let cross-border compliance keep you up at night. Master the FBAR rules, understand your exposure, and gain total peace of mind.

Learning Objectives:

  • Identify Filing Triggers: Accurately determine who qualifies as a "US person" and evaluate when the aggregate maximum balance of foreign accounts crosses the threshold requiring an FBAR filing.
  • Distinguish Reportable Assets: Differentiate between reportable foreign financial accounts (including overseas pensions, mutual funds, and cash-value life insurance) and non-reportable foreign assets.
  • Evaluate Penalty Risks: Analyze the critical legal differences between "willful" and "non-willful" violations and understand how the IRS calculates penalties.
  • Select Amnesty Path: Compare the available IRS compliance options—such as Streamlined Filing Compliance Procedures and Delinquent FBAR Submission Procedures—to safely remedy past non-compliance.

Session Highlights:

  • The "$10,000 Trap": Deconstructing the aggregate threshold rule. (Hint: It’s not $10,000 per account, and the calculation trips up almost everyone).
  • Hidden Under the Radar: A look at unconventional foreign assets that require disclosure, from online gambling accounts to signature authority over corporate accounts.
  • Willful vs. Non-Willful: Where the IRS draws the line, how they prove intent, and what it means for your financial exposure.
  • The IRS Playbook: Real-world case studies detailing how the IRS detects undisclosed foreign accounts in the era of global data sharing (FATCA).
  • Your Escape Hatch: Step-by-step guidance on how to use IRS amnesty programs to back-file historical FBARs with minimal or zero penalties.

Who Should Attend

  • Certified Public Accountants (CPAs) & Enrolled Agents (EAs)
  • Tax Attorneys
  • Tax Preparers
  • Bookkeepers
  • Business Owners
  • Tax Managers

Credits and Other information :

  • IRS CPE Credits: 2.0 TAX
  • Location: Virtual/Online
  • Delivery method: Group Internet Based
  • IRS Course ID: DFFSC
  • Attendance Requirement: Yes
  • Session Duration: 2 Hours
  • Case Studies and Live Q&A session with speaker
  • PowerPoint presentation for reference

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 The transcript offers comprehensive written material from the webinar, ensuring you have detailed documentation of the content presented.

 On demand session is when we conduct the webinar as per your available dates after the live training. You will get access to the training for 24 hours.

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Each webinar wraps up with a Q&A session, giving you the opportunity to interact with industry experts and receive answers to all your queries.

5. We provide the following CE credits to the professionals on the approved courses.

  • IRS
  • HRCI
  • SHRM

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Your educational credits will be reported to the appropriate licensing and regulatory bodies within 5-7 business days

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9. How can I cancel my registration?

For registration cancellations, please reach out to us via email at support@pioneereducator.com. If you cancel your registration for a paid webinar, expect the refunded amount to be credited back to your payment method within 7 business days.

10. How can I download the learning materials/Handouts available for the webinars/Seminar?

Conference materials will be accessible 4 hours before the webinar begins. You can download them directly from the webinar page or by logging into your account

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Our seamlessly integrated with ZOOM and Gotowebinar for delivering continuing education webinars. The system requirements are :

  • An internet connection – broadband wired or wireless
  • Speakers and a microphone – built-in, USB plug-in, or wireless Bluetooth

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