Join our mailing list to receive the latest updates and alerts Flag Subscribe

Event Details

Location: Online
Cost: Free
Hosted By: Fredrikson's Tax Disputes & Litigation Group

View on Demand

If you previously registered for this webinar, click here to view on demand.
If you have NOT registered for this webinar, click here to register and gain access to the recording.


Audits and litigation arising from inadequate disclosures of foreign financial assets are on the rise. Meanwhile, many taxpayers remain unaware that even inadvertent failures to disclose their foreign financial assets may result in high penalties.

This session, presented on April 29, 2021, provided an overview of the requirements to disclose foreign financial assets to the Internal Revenue Service on Foreign Bank Account Reports (FBARs) and other informational reports, explained the current options for curing previous failures to disclose assets (whether inadvertent or willful), and conclude with a discussion of current trends in audits and litigation that are arising from undisclosed foreign financial assets.

  • Understand basic requirements for disclosing foreign financial assets to the IRS on Foreign Bank Account Reports (FBARs) and other informational reports.
  • Be able to compare current options for coming into compliance.
  • Know when to hire an attorney to help cure past noncompliance.
  • Know what to expect in audits and litigation arising from nondisclosure of foreign financial assets.

Platform Details

This webcast is held using ON24. Read more about the minimum system requirements here.

Event Materials

Jump to Page

Necessary Cookies

Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.

Analytical Cookies

Analytical cookies help us improve our website by collecting and reporting information on its usage. We access and process information from these cookies at an aggregate level.