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Foreign Tax Issues: When and How to Report

Your Course Price: N/A
CPE Credits
Advanced Preparation
Course Level
Knowledge of Federal Income Tax Law
Nina Tross MBA, EA
Course Description

IRS CPE : Tax Law Update 1/Tax Law Topics 3

CTEC CPE : Tax Law Update 1/ Tax Law Topics 3

NASBA CPE : Taxes 4

This course will look at the issues surrounding foreign income reporting such as when and how to report foreign income, as well as the appropriate forms to comply with the Report of Foreign Bank and Financial Accounts (FBAR) and Foreign Account Tax Compliance Act (FACTA) requirements. During this seminar, we will cover the compliance issue of digital assets, §911 foreign income tax exclusion and the use of ITINs. Upon completion of the course, the participant will be able to determine when foreign income and transactions are required to be reported, to which reporting agency, and which is the correct form to use. The participant will have a guideline for the reporting of digital assets, the §911 foreign income tax exclusion and the updated procedures regarding the application for and use of ITINs.

Learning Objectives

At the conclusion of the presentation the Tax Professional will be able to:

  • Recognize which transactions are required to be reported,

  • Determine which forms are needed in order to be in compliance,

  • Identify the reporting requirements to the Treasury Department vs. the Internal Revenue Service, and

  • Provide a review of the various reports and examples of how to complete the required forms.


To receive the member price, first log into your member account. Your member discount will then be automatically applied. We can also take your registration by phone.

Your registration confirmation will be emailed to you when your payment is processed. During our busy season, this can take up to 2-3 business days after we receive your registration.

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Yes. If you have a PTIN on file with us, we will submit your hours. To insure we have your correct info, please provide your PTIN when you register for a course. Please notify us if you have recently submitted a name change request to the IRS.

Your certificate will be emailed to you within 10 business days of the completion of the course.

  • Once your registration confirmation is emailed, due to the proprietary materials and content of orders are NOT ELIGIBLE for refund, cancellation, or transfer to another NSTP course.
  • materials and presentations are intended to stimulate thought and discussion and to provide attendees useful ideas and guidance in the areas of federal taxation and administration. These materials as well as the comments of the instructors do not constitute and should not be treated as tax advice regarding the use of any tax procedure, tax planning technique, device or suggestion, or any of the tax consequences associated with them.
  • Although the NSTP has made every effort to ensure the accuracy of the materials and the seminar presentation, neither the author, the presenter nor the National Society of Tax Professionals assumes any responsibility for any individual’s reliance on the written or oral information presented during the presentation. Each attendee should verify independently all statements made in the materials, and during the seminar presentation, before applying them to a particular fact pattern and should determine independently the tax and other consequences of using any device, technique, or suggestion before recommending the same to a client or implementing the same on behalf of a client, or on the attendee’s own behalf.
  • materials & presentations are fully protected under copyright law. Any attempt to copy for resale, distribution, or use other than personal use for tax preparation will be fully prosecuted of the law.
Testing Policy
  • require a test for CPE. 3 attempts are allowed.
  • You have 1 (one) year from date of purchase to complete the course by taking the test.
More Information For more information regarding refund, cancellation, and complaint policies, please contact our offices at 1(800) 367-8130.