FATCA Compliance and Reporting Course - $109


This online course walks you through FACTA Reporting Regulations.

Learn how to report foreign assets under FATCA and avoid penalties for noncompliance.


Get up to speed on US Foreign Account Tax Compliance Act (FATCA) regulations and reporting requirements. The U.S. Department of the Treasury and the IRS have been busy designing, implementing and executing intergovernmental agreements, new and revised forms, and instructions to bring U.S. citizens and foreign financial institutions into compliance. Learn what’s New and much more….


Product Code: FATCACompliance

Duration of Course Access: 12 Months (Access and review any or all sections of the course at any time for a period of 12 months.)





 Online Employee Development Course   Online Finance and Accounting Course  Interactive Online Training


 Click here to: Save 23% with our 1099 Reporting Bundle (includes1099-MISC & NEC plus TIN Matching)


The Foreign Account Tax Compliance Act (FATCA) Compliance and Reporting Course Summary: 

This course describes the taxation and basic concepts of United States nonresident alien individuals and reporting payee income. The course covers the forms and publications and provides instructions and best practices for each aspect of the FATCA Compliance and Reporting process.

The Foreign Account Tax Compliance Act (FATCA), which was passed as part of the HIRE Act, generally requires that foreign financial institutions and certain other non-financial foreign entities report on the foreign assets held by their U.S. account holders or be subject to withholding on withholdable payments.

You will learn key definitions, how to fill out the forms, and how to access the information you need. The course will show you how to navigate the complexities of FATCA.. 

This course is beneficial to a FATCA novice and the season veteran who wants to better understand and even explain how the FATCA process works.


FACTA Compliance and Reporting is Complicated.

This course provides specific directions.

Easy access to forms and instructions.

Best practice approaches.


The IRS FATCA Compliance and Reporting Course Agenda:

    • What is FATCA
        • Purpose
        • Who is affected
        • Tax evasion under FATCA
        • Accessing and using the FATCA Portal
    • FATCA Regulations
        • FATCA Changes for 2020
        • The Actual Regulations
        • Model Intergovernmental Agreements 
        • FATCA  Affects 
    • Deadlines
        • Registration
        • Withholding - Timeline for Compliance-Withholding
        • Reporting - How To Report US Account Holders
    • Registration of FFI’s and NFFE’s
        • Registration
        • Registration Process
          • Registration – Paper or Online
          • Registration Portal
        • Obtain a GIIN
        • FFI List…
    • Who Must Register
        • FFIs
        • Exempt FFI’s
        • NFFE’s and Withholding
    • FFI & NFFE Penalties
        • Withholdable payments
        • U.S. Source Withholdable Payment
        • Specified Payments Not Treated as Withholdable
        • Exceptions to Withholdable Payments
    • Due Diligence by FFI’s and NFFE’s
        • New Account Opening Procedures
        • Back Testing
        • Due Diligence Reviews Required
        • Enhanced Reviews Required
    • Certifications & Renewals
        • Periodic Review of Certification
        • FATCA Certification Requirements
        • Renewal Requirements of FFI Agreements
    • Changes for FFIs for 2020
    • Reason to Know Guidelines
    • Develop a Table of Deadlines
        • FFI Governance
        • Registration
        • Due Diligence
        • Withholding
        • Reporting
    • IRS Forms Affected
        • W-9
        • W-8'S
        • Form W-8BEN
          • Requirement to Obtain and Report Foreign TINS and Dates of Birth
        • Form W-8BEN-E
        • Form W-8ECI
        • Form W-8IMY
        • Form W-8EXP
    • Handling Form W-8 with Foreign Payees/Vendors
        • Documentation Analysis Storage and Retrieval
        • FATCA Report - Form 8966
        • Filing 1042-S Electronically
    • Individual Filing Obligations
        • FATCA/FBAR comparison
        • Reporting Thresholds
        • Form 8938
        • Form 8938
    • FBAR Reporting - Comparison
        • FATCA Impact on FBAR
            • FinCEN Form 114
            • Online FBAR Reporting
        • Foreign Financial Assets Requiring Reporting
    • Exceptions and Penalties
        • Penalty Risks for Noncompliance
        • Other Foreign Asset Reporting
    • FATCA Resources
    • FATCA Best Practices


This IRS FATCA Compliance and Reporting Course can help you avoid costly penalties and expenses related the Foreign Account Tax Compliance Act requirements!

For more information Call 877-385-5515.



View: Instructor-Led Finance and Accounting Courses, Seminars and Workshops


Alliance Training and Consulting, Inc.
12706 Cedar

Leawood, KS 66209

Toll Free: 877-385-5515
Local: 913-385-5515
Fax: 913-385-3353

Privacy Policy

Proven Employee Training and
Professional Development Solutions

100% Money-Back Guarantee