myCPE
myCPE

All Courses, One Price. Unlimited Access and Many Benefits.

Subscribe $199

April Accelerate Sale 2024 : 67% Savings on Subscription. Offer Ends Soon! April Accelerate Sale 2024 :
67% Savings on Subscription. Offer Ends Soon!
00hrs : 00min : 00sec

View Offer

IRS Streamlined Procedures & The Non-Willful Certification 2 Credits

IRS Streamlined Procedures & The Non-Willful Certification 2 Credits

Select your learning mode

  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Answer the polling questions
  • Get your certificate

Dec 05, 2024 | 09:00 AM ET

Learning Objective

  • To discuss the evolution and rationale behind the IRS's modified streamlined filing procedures, understanding their contribution to enhanced tax compliance and the crackdown on offshore tax evasion.
  • To explore the intricacies of FBAR (Foreign Bank and Financial Accounts Reporting), grasping its significance within the international reporting landscape and gaining insight into its reporting regime.
  • To analyze the substantial alterations made to the IRS streamlined procedures, deciphering their objectives and the criteria for taxpayer eligibility, thereby equipping participants with the knowledge needed to navigate these processes effectively and confidently.
  • To explain the concept of non-willfulness and its certification, clarifying its importance within the streamlined filing procedures and its role in determining the appropriate course of action for taxpayers.

Course Overview

In 2014, the IRS implemented substantial revisions to the streamlined filing procedures, extending their scope to encompass a wider spectrum of U.S. taxpayers. This strategic shift represents the IRS's latest endeavor to bolster tax compliance and combat offshore tax evasion—a persistent focal point for the agency.

With an estimated impact on nearly 6 million expatriate Americans residing and working abroad, these programs hold the potential to alleviate financial and legal burdens. This is especially relevant for those who were previously unaware of the complexities surrounding Foreign Bank and Financial Accounts Reporting (FBAR).

In this CE Tax course, we will explore the FBAR framework, delve into international reporting forms beyond FBAR, dissect significant alterations to the IRS streamlined procedures, and decipher their purpose and eligibility criteria. We'll demystify the dual tracks of streamlined submissions, dissect preparation strategies for each, and navigate the potential pitfalls for the unsuspecting. Frequently asked questions will find elucidation, alongside the critical concept of non-willfulness—unveiling its meaning and certification process. We'll shed light on the enigmatic notion of a quiet disclosure and conclude with pragmatic, sound counsel.

Major topics covered in this course:

  • Major changes to the streamlined procedures 
  • Getting to Know Streamlined Domestic
  • Miscellaneous Offshore Penalty For Streamlined Domestic
  • Overcoming the Pitfalls of Certifying Non-willfulness

Join this CE webinar to unravel the intricacies of IRS streamlined procedures, empowering yourself with the knowledge to navigate the complexities of international reporting and make informed decisions that secure your financial and legal well-being.

Looking to fulfill your Enrolled Agent (EA) Continuing Education (CE) requirements? MY-CPE online Enrolled Agent CE courses are the best for you. Earn EA CE Credits while enhancing your domain knowledge and expertise in diverse tax regulations and practices. Our courses are designed to provide you with the latest updates and deep insights to keep you ahead in your field. With flexible scheduling and a user-friendly platform, MY-CPE offers you a greater convenient and interactive learning experience. Join MY-CPE today and take the next step in advancing your career as an Enrolled Agent. 

  • 2 CPE Credit of Taxes for Certified Public Accountants (CPA-US)
  • 2 General Credit of Taxes for Accountant/Bookkeeper/Tax Professionals
  • 2 CE Credit of Federal tax-related matters for Enrolled Agents (EA) (Approval No. GEHNZ-T-01656-23-S)
  • 2 CE Credit of Federal tax-related matters for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-T-01656-23-S)
  • 2 CE Credit of Federal tax-related matters for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-1313)
  • 2 CE Credit of Federal tax-related matters for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-01656-23-S)
  • 2 CE Credit of Federal tax-related matters for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-01656-23-S)
  • 2 CE Credit of Federal tax-related matters for LTC (Approval No. GEHNZ-T-01656-23-S)
  • 2 CPE Credit of Taxes for Iowa Licensed Public Accountant (IA-LPA)
  • 2 CPE Credit of Taxes for Maine Licensed Public Accountant (ME-LPA)
  • 2 CPE Credit of Taxes for Delaware Licensed Public Accountant (DE-LPA)

  • 2.5 CPE Credit of Taxes for Certified Public Accountants (CPA-US)
  • 2.5 General Credit of Taxes for Accountant/Bookkeeper/Tax Professionals
  • 2 CE Credit of Federal tax-related matters for Enrolled Agents (EA) (Approval No. GEHNZ-T-01656-23-O)
  • 2 CE Credit of Federal tax-related matters for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-T-01656-23-O)
  • 2 CE Credit of Federal tax-related matters for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-1313)
  • 2 CE Credit of Federal tax-related matters for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-01656-23-O)
  • 2 CE Credit of Federal tax-related matters for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-01656-23-O)
  • 2 CE Credit of Federal tax-related matters for LTC (Approval No. GEHNZ-T-01656-23-O)
  • 2.5 CPE Credit of Taxes for Iowa Licensed Public Accountant (IA-LPA)
  • 2.5 CPE Credit of Taxes for Maine Licensed Public Accountant (ME-LPA)
  • 2.5 CPE Credit of Taxes for Delaware Licensed Public Accountant (DE-LPA)

Additional Information

Credits

2

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

IRS APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: GEHNZ) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering aintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a 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.

About Instructor

Michael is a trial lawyer. He graduated Cum Laude from The Thomas M. Cooley Law School and Summa Cum Laude from the Thomas Jefferson School of Law with his Masters of Law in Taxation. Michael is known for his charismatic personality and his unyielding dedication to his clients.

Michael spent the first five years of his legal career as a public defender in the NJ Office of the Public Defender cutting his teeth on some of the most serious felony cases to pass through the state courts of New Jersey. He then joined his father's law practice, DeBlis Law, expanding the practice into civil tax controversies and international tax compliance.

As a graduate of the National Criminal Defense College, Michael has trained under some of the best-known criminal defense attorneys in the country. That experience has taught him that justice for a person accused of a crime is only won through a full understanding of the client and the case.

To that end, Michael attempts to understand each client’s case as a convincing narrative, not just as a set of innocuous facts and arcane legal rules. 

When he's not in the courtroom, you can find Michael on stage. He is a professionally-trained actor who has performed in off-Broadway productions and on-stage at Shakespeare in the Park. Michael's passionate about helping trial lawyers harness the power of persuasion and positive communication in the courtroom in order to connect to the jury on a human level.

Michael's training as an actor allows him to combine a unique blend of left-brain thinking with right brain artistry to make even the most dull and abstract areas of the law come to life. 

Michael is a prolific writer and a passionate blogger. He has written articles that have been featured in leading tax journals and "Law 360." 

Michael is a living example of the tremendous power that comes from combining passion, preparation, persuasion, and positive communication in the courtroom. His courage and relentless work ethic have earned him a reputation as a zealous advocate and one of New Jersey’s rising stars of the legal profession.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Ratings and Review

4.5

Excellent

Very Good

Average

Poor

Terrible

Owen Mccafferty
Owen Mccafferty, CPA (US)

Although I do not have clients with foreign income, Mr. DeBlis has openned my eyes to document and make even more stringent inquiry. The risk to client and self is beyond the pale. Great presentation!

TM

Tanner Mccaw, CPA (US)

Great presentation. Instructor provided useful information in an easy to follow way.

Inclusions
  • Multiple Credits
    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting
    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker
    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault
    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders
    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access
    Mobile App Access

    The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support
    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

Exclusive
mobile app for
our unlimited access
subscribers

10 mins ago. Subscribed
Nicole purchased a subscription.
8 mins ago. Subscribed
Louis purchased a subscription.
14 mins ago. Subscribed
Kevin purchased a subscription.
13 mins ago. Subscribed
Sara purchased a subscription.
8 mins ago. Subscribed
Trevor purchased a subscription.
2 mins ago. Subscribed
Daniel purchased a subscription.
14 mins ago. Subscribed
Erica purchased a subscription.
2 mins ago. Subscribed
Jeanne purchased a subscription.
10 mins ago. Subscribed
Mugdha purchased a subscription.
13 mins ago. Subscribed
Jesus purchased a subscription.
5 mins ago. Subscribed
Kimberly purchased a subscription.
8 mins ago. Subscribed
Hoi-Yan purchased a subscription.
5 mins ago. Subscribed
Marjorie purchased a subscription.
8 mins ago. Subscribed
Brent purchased a subscription.
6 mins ago. Subscribed
Sion purchased a subscription.
15 mins ago. Subscribed
Jake purchased a subscription.
3 mins ago. Subscribed
Raymond purchased a subscription.
15 mins ago. Subscribed
Joe purchased a subscription.
8 mins ago. Subscribed
Russell purchased a subscription.
11 mins ago. Subscribed
Chris purchased a subscription.
6 mins ago. Subscribed
Melissa purchased a subscription.
5 mins ago. Subscribed
Kelly purchased a subscription.
4 mins ago. Subscribed
Thomas purchased a subscription.
6 mins ago. Subscribed
Lukasz purchased a subscription.
3 mins ago. Subscribed
Marketa purchased a subscription.
3 mins ago. Subscribed
Jackie Chi Sun purchased a subscription.
7 mins ago. Subscribed
Laura purchased a subscription.
10 mins ago. Subscribed
Yuchu purchased a subscription.
3 mins ago. Subscribed
Tonya purchased a subscription.
3 mins ago. Subscribed
JOSEPH purchased a subscription.
15 mins ago. Subscribed
Lauren purchased a subscription.
11 mins ago. Subscribed
Tonya purchased a subscription.
11 mins ago. Subscribed
Peggy purchased a subscription.
7 mins ago. Subscribed
Michael purchased a subscription.
9 mins ago. Subscribed
Vicky purchased a subscription.
10 mins ago. Subscribed
Lynda purchased a subscription.
11 mins ago. Subscribed
Ramesh purchased a subscription.
11 mins ago. Subscribed
Jeffrey purchased a subscription.
11 mins ago. Subscribed
RACHEL purchased a subscription.
4 mins ago. Subscribed
Matthew purchased a subscription.
2 mins ago. Subscribed
Vanessa purchased a subscription.
15 mins ago. Subscribed
James purchased a subscription.
14 mins ago. Subscribed
Nadejda purchased a subscription.
15 mins ago. Subscribed
Chris purchased a subscription.
6 mins ago. Subscribed
Christine purchased a subscription.
6 mins ago. Subscribed
Shawn purchased a subscription.
3 mins ago. Subscribed
Cynthia purchased a subscription.
3 mins ago. Subscribed
James purchased a subscription.
9 mins ago. Subscribed
Melissa purchased a subscription.
11 mins ago. Subscribed
Leslie purchased a subscription.
7 mins ago. Subscribed
Esther purchased a subscription.
13 mins ago. Subscribed
Susan purchased a subscription.
5 mins ago. Subscribed
Diane purchased a subscription.
12 mins ago. Subscribed
Kyoungsik purchased a subscription.
10 mins ago. Subscribed
ARASH purchased a subscription.
5 mins ago. Subscribed
Lori purchased a subscription.
8 mins ago. Subscribed
philip purchased a subscription.
11 mins ago. Subscribed
Kim purchased a subscription.
8 mins ago. Subscribed
Stephanie purchased a subscription.
6 mins ago. Subscribed
RAQUEL purchased a subscription.
12 mins ago. Subscribed
Zachary purchased a subscription.
9 mins ago. Subscribed
Brett purchased a subscription.
5 mins ago. Subscribed
Jayna purchased a subscription.
5 mins ago. Subscribed
Rupak purchased a subscription.
15 mins ago. Subscribed
West purchased a subscription.
5 mins ago. Subscribed
Tremaine purchased a subscription.
5 mins ago. Subscribed
Taofeek purchased a subscription.
9 mins ago. Subscribed
Gregg purchased a subscription.
8 mins ago. Subscribed
Scott purchased a subscription.
9 mins ago. Subscribed
Paul purchased a subscription.
7 mins ago. Subscribed
Jon purchased a subscription.
8 mins ago. Subscribed
Chris purchased a subscription.
7 mins ago. Subscribed
Benjamin purchased a subscription.
8 mins ago. Subscribed
Shruti purchased a subscription.
2 mins ago. Subscribed
Myroslava purchased a subscription.
8 mins ago. Subscribed
Carrie purchased a subscription.
12 mins ago. Subscribed
Emily purchased a subscription.
10 mins ago. Subscribed
Jameer purchased a subscription.
10 mins ago. Subscribed
Hwasub purchased a subscription.
15 mins ago. Subscribed
Alla purchased a subscription.
13 mins ago. Subscribed
Lora purchased a subscription.
14 mins ago. Subscribed
Tawnya purchased a subscription.
14 mins ago. Subscribed
Rachel purchased a subscription.
8 mins ago. Subscribed
Anthony purchased a subscription.
3 mins ago. Subscribed
Brian purchased a subscription.
11 mins ago. Subscribed
Elizabeth purchased a subscription.
7 mins ago. Subscribed
Amanda purchased a subscription.
10 mins ago. Subscribed
Heidi purchased a subscription.
14 mins ago. Subscribed
Keith purchased a subscription.
8 mins ago. Subscribed
sandra purchased a subscription.
13 mins ago. Subscribed
Sharon purchased a subscription.
10 mins ago. Subscribed
Mohammed Imran purchased a subscription.
2 mins ago. Subscribed
Sarah purchased a subscription.
11 mins ago. Subscribed
Ryan purchased a subscription.
7 mins ago. Subscribed
Thomas purchased a subscription.
5 mins ago. Subscribed
Nicholas purchased a subscription.
10 mins ago. Subscribed
Brent purchased a subscription.
7 mins ago. Subscribed
letty purchased a subscription.
9 mins ago. Subscribed
Deborah purchased a subscription.
13 mins ago. Subscribed
Rusty purchased a subscription.