A Practical Guide to Form 8865 (Completed)
Date: Tuesday, March 7, 2023
Instructor: Patrick McCormick
| Begin Time: |
9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
|
Often compared with Form 5471, Form 8865 requires specified United States taxpayers who are partners in foreign partnerships to report their interest. The Internal Revenue Service has increasingly sought to assess penalties against taxpayers who have previously failed to file required information forms.
This program details Form 8865 requirements and assessable penalties - including automatic extensions of Statute of Limitations periods. We'll cover in detail how to best combat penalty assessment and options for penalty mitigation.
Topics Covered
- Foreign Partnerships
- Categories of Filing
Learning Objectives
- Outline Form 8865
- Recognize automatic extensions of Statute of Limitations periods
- Determine how to best combat penalty assessment and options for penalty mitigation
Level
Overview
Instructional Method
Group: Internet-based
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
